Elon Musk Promised Self-Driving Teslas In 2016—Now Customers Are Suing Him To Make Good On His Promise
Tesla faces class-action lawsuits in California, Australia and a new European campaign over promises of Full Self-Driving (FSD) that owners say remain unfulfilled due to outdated Hardware 3. The legal pressure arrives two days before Tesla’s Q1 earnings call, where prediction markets expect Musk to address FSD. Despite the lawsuits and a Q1 delivery miss, shares were trading near $395 after a rally driven by AI5 chip optimism and robotaxi expansion plans. Analysts look for EPS of about $0.37 on roughly $22.26 billion in revenue. The litigation and hardware-upgrade uncertainty create downside risk around the earnings print and could amplify volatility in TSLA shares.