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Tesla debuted its robotaxi service with a highly publicized launch event in Austin, Texas on June 22, 2025. The next day, Bloomberg reported that the U.S. National Highway Traffic Safety Administration (“NHTSA”) had contacted Tesla after numerous videos posted online appeared to show Tesla robotaxis driving erratically and violating traffic laws.
Following this news, Tesla’s stock price fell sharply. This investigation concerns whether Tesla and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.