Tesla Shares Face Mounting Pressure Amid Legal and Technical Challenges

Tesla’s aggressive push toward autonomous driving technology is failing to convince skeptical investors as fresh legal troubles overshadow the company’s latest technological developments. The timing couldn’t be worse—just as the electric vehicle manufacturer begins rolling out its newest Full Self-Driving update, a concerning lawsuit has emerged that threatens to undermine market confidence.

Market sentiment took a significant hit late last week when a lawsuit filed in Washington state raised serious questions about Tesla’s safety standards. The legal action alleges that defective electronic door handles on the Model 3 contributed to a fatal accident, reviving longstanding concerns about the company’s safety architecture.

This legal development effectively Read more...