Wednesday, 29 August 2018

Judge dismisses lawsuit against Tesla over Model 3 production delays

Judge dismisses lawsuit against Tesla over Model 3 production delaysAmid a topsy-turvy month of mostly bad news for Tesla, the company got one major reprieve on Monday. The suit against Tesla and its CEO, Elon Musk, claimed that production forecasts for the Model 3 were inflated and deceptive, leading investors to put money into Tesla based on forecasts that proved unrealistic. The delays have been a key argument for Tesla's critics and stock-market short-sellers who claimed that Tesla's forecasts were deceptive.




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