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Pomerantz LLP Investigates Claims on Behalf of Tesla TSLA Investors

Pomerantz LLP Investigates Claims Against Tesla Inc.

Tesla Investors Advised to Contact Pomerantz LLP

NEW YORK, July 24, 2024 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of Tesla Inc. (“Tesla” or the “Company”) (NASDAQ: TSLA).

Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.

The investigation concerns whether Tesla and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On July 24, 2024, Tesla announced that it was recalling approximately 285,000 vehicles due to a potential steering issue. The Company stated that “a front suspension lateral link may fracture, which could result in a loss of steering control.” This news caused Tesla's stock price to decline by over 10% in premarket trading.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier law firms in the United States. Founded by the late Morton Pomerantz, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 85 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com for more information about the Firm.

CONTACT: Robert S. Willoughby Pomerantz LLP rswilloughby@pomlaw.com 888-476-6529 ext. 7980