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LOS ANGELES, August 17, 2021--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Tesla, Inc. ("Tesla" or the "Company") (NASDAQ: TSLA) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On August 16, 2021, the National Highway Traffic Safety Administration ("NHTSA") announced a formal investigation into Tesla's Advanced Driver Assistance System ("ADAS") after a series of collisions with parked emergency vehicles were reported. The scope of the investigation includes 765,000 vehicles, or nearly every vehicle that Tesla has sold in the U.S. since the start of the 2014 model year.
On this news, Tesla's stock price fell $31.00 per share, or 4.32%, to close at $686.17 on August 16, 2021.
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If you purchased Tesla securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to email@example.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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