NEW YORK, NY / ACCESSWIRE / October 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Tesla, Inc. ("Tesla, Inc.") (NASDAQ:TSLA) concerning possible violations of federal securities laws.
On October 10, 2024, Tesla unveiled the Company's Cybercab self-driving concept car at the Company's "We, Robot" event and announced plans to create a fleet of autonomous vehicles and robots, with the goal of starting production before 2027. Analysts and investors did not react positively to Tesla's announcements. An analyst at Jefferies published a note entitled "We, Underwhelmed", analysts at Barclays said that the revelations failed to highlight any near-term opportunities for Tesla, and Piper Sandler analysts opined that "most trading-oriented firms will be underwhelmed by the robo-taxi unveiling."
Following this news, the Company's stock price fell over 8% on October 11, 2024. To obtain additional information, go to:
https://zlk.com/pslra-1/tesla-inc-lawsuit-submission-form?prid=109814&wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
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