A class action lawsuit targeting the Full Self-Driving (FSD) function of Tesla, Inc. (TSLA.US) has been heard in the first instance at the Daxing District Peoples' Court in Beijing, Chinese media reported.

Ten Chinese vehicle owners have filed a lawsuit against Tesla, alleging false advertising and consumer fraud, seeking compensation of more than RMB3.95 million.

According to the plaintiffs' legal representative, Tesla was aware that the promoted FSD function had not obtained approval from Chinese regulators and was unable to deliver the core functions described in its marketing materials.

The lawyer also alleged that Tesla concealed hardware technical defects and engaged in misleading promotion to induce purchases, arguing that such conduct meets the legal criteria for fraud.
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AASTOCKS Financial News
Website: www.aastocks.com

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