Tesla and CEO Elon Musk scored another win Tuesday when a federal judge dismissed a lawsuit accusing them of defrauding shareholders over the safety and effectiveness of the company’s driver-assist technology.
US District Judge Araceli Martinez-Olguin said that plaintiffs failed to prove that Musk acted with “deliberate recklessness” when he claimed that Tesla’s Autopilot and Full Self-Driving technology could drive safer than humans.
Many of Musk’s claims about self-driving capabilities amount to “corporate puffery,” or exaggerations about future products, the judge determined. Other claims could be categorized as “forward-looking statements,” in that they addressed future expectations for the technology. The case was dismissed…
