RADNOR, PA / ACCESSWIRE / October 4, 2018 / Kaskela Law LLC announces that investor class action lawsuits have
been filed against Tesla, Inc. (NASDAQ: TSLA) ("Tesla" or the "Company") and its CEO, Elon Musk ("Musk"), on behalf of investors
who purchased or sold Tesla securities between August 7, 2018 and August 17, 2018, inclusive (the "Class
Period").
FINAL DEADLINE ALERT: Investors who transacted in Tesla securities during the Class Period and
suffered financial harm may, no later than October 9, 2018, seek to be appointed as a lead
representative in the action.
Investors who purchased or sold Tesla securities during the Class Period and suffered financial harm in excess of $1 million are
encouraged to immediately contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 - 1740, or skaskela@kaskelalaw.com, to discuss their legal rights and recovery options. Additional
information about this action may also be found at http://kaskelalaw.com/case/tesla/.
According to the complaints, on August 7, 2018, Musk stated on Twitter: (i) "Am considering taking Tesla private at $420"; (ii)
"Funding secured"; (iii) "Shareholders could either to sell at 420 or hold shares & go private"; and (iv) "Investor support is
confirmed." These tweets drove the price of Tesla shares up as much as $45.47 per share during intraday trading on August 7, 2018.
Subsequently, Tesla's securities significantly declined in value following the announcement of an SEC investigation and the
subsequent filing of a complaint against Musk, as well as the disclosure of other material information evidencing a lack of support
for Musk's statements. As a result of the foregoing, Tesla investors transacted in the Company's securities at artificially
inflated values and suffered significant investment losses as a result of defendants' conduct.
Investors who purchased or sold Tesla securities during the Class Period and suffered financial harm in excess of $1 million are
encouraged to immediately contact Kaskela Law to discuss their legal rights and recovery options. Kaskela Law LLC exclusively
represents investors in state and federal investor actions throughout the country. For additional information about Kaskela Law LLC
please visit www.kaskelalaw.com.
CONTACT:
KASKELA LAW LLC
Seamus Kaskela, Esq.
201 King of Prussia Road
Suite 650
Radnor, PA 19087
(484) 258 - 1585
(888) 715 - 1740
skaskela@kaskelalaw.com
www.kaskelalaw.com
SOURCE: Kaskela Law LLC
