Tesla Stock News

An administrative law judge has ruled that Tesla engaged in deceptive marketing that gave customers a false impression of the capabilities of its Autopilot and Full Self-Driving driver assistance software. This is a pivotal development in a years-long case initiated by California's Department of Motor Vehicles.

An administrative judge found that the automaker deceived consumers by falsely implying its cars could drive on their own.

Tesla has 90 days to amend its advertising language or face a 30-day suspension from selling in California, Steve Gordon, the Director of the California Department of Motor Vehicles, said in a media briefing on Tuesday. On November 21, Administrative Judge Juliet E.

A California regulator allowed Tesla to continue selling vehicles in the state for now, the latest move in a case in which the electric vehicle maker had been accused of falsely marketing and overstating self-driving capabilities.

Tesla's EV business remains the financial backbone of the company. EVs have shifted from growth engine to strategic infrastructure.

An administration law judge in California ruled recently that Tesla's license to sell or manufacture cars in the state should be suspended for up to 30 days. The judge determined that the electric vehicle company had engaged in deceptive marketing around Autopilot.

Shares saw their first record close since December 2024, helping support the continued reign of the “Magnificent Seven.”

Tesla's (TSLA) stock is powering up, notching its first record high in a year.