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Business Wire 3-Aug-2024 4:44 PM
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Tesla, Inc. ("Tesla" or "the Company") (NASDAQ:TSLA) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Tesla announced disappointing financial results for the second quarter of 2024 on July 23, 2024. Despite the Company's promises of robotaxis in the near future, the market focused on its weak margins and slowing growth forecast. The Company was the subject of a Wall Street Journal report published on July 30, 2024, that focused on its Autopilot system and "longstanding concerns" about Tesla's self-driving technology.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240803190696/en/