Shareholders are suing Musk over autopilot technology

Tesla

Shareholders have filed a class action lawsuit.

(Photo: Bloomberg)

Tesla shareholders are suing electric car pioneer and CEO Elon Musk for whitewashing the safety and efficiency of the autopilot function. For four years, Tesla has used false and misleading claims to hide that the technology, which could be responsible for several accident fatalities, “poses a serious risk of accidents and injuries.”

That’s according to the class action lawsuit filed in federal court in San Francisco on Monday. The share price fell several times after accidents in connection with the driver assistance system and recall campaigns. CFO Zachary Kirkhorn and his predecessor Deepak Ahuja are also defendants.

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