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Musk’s Robotaxi Proposal Leads to Shareholder Lawsuit

Tesla Robotaxi Safety Problems

Tesla has found itself at the center of a scandal over its Robotaxi service. Shareholders are filing a lawsuit, accusing the company and Elon Musk of concealing problems with the safety of autonomous vehicles. According to reports, Robotaxi vehicles violated traffic rules: they accelerated, braked sharply, drove onto sidewalks, and stopped in the middle of the road.

After the publication of reports about the incidents, Tesla’s stock fell by 6%. Shareholders claim that the company deliberately exaggerated the capabilities of its technology to boost its stock price. Musk’s statement that the service would be “scalable and safe” is being particularly criticized.

Reality vs. Promises

Despite ambitious plans, Robotaxi is not yet fully autonomous. In San Francisco, where the service was recently launched, there is a driver in every car because regulators have not allowed fully driverless mode. This makes it a regular taxi service, not a revolutionary technology.

Musk, however, remains optimistic and promises that by the end of the year, Robotaxi will cover half of the US population. But growing regulatory pressure and lawsuits could significantly slow down these plans. Safety problems and public criticism are already affecting investor confidence and may require serious changes to the company’s strategy.

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