NEW YORK, April 7, 2023 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is reminding investors that class action lawsuits can be filed on behalf of shareholders of Tesla, Inc. TSLADLocal Ltd DLOCognite Software Ltd. CGNTand Dutch Bros Inc. BROS. Shareholders have until the deadlines below to petition the court to appear as lead plaintiffs. For more information on each case, see the link provided.

Tesla, Inc. TSLA

Class period: February 19, 2019 – February 17, 2023

Lead Plaintiff Deadline: April 28, 2023

Tesla designs and manufactures electric vehicles, battery storage, solar panels and roof tiles, and related products and services. Tesla is headquartered in Austin, Texas and incorporated in Delaware. The Company’s common stock is traded on the Nasdaq Stock Market (“NASDAQ”) under the ticker symbol “TSLA.”

In 2014, Tesla announced Tesla Autopilot (“Autopilot”), a suite of supposedly advanced driver assistance system (“ADAS”) features including automatic lane centering, traffic-aware cruise control, lane changing, semi-autonomous navigation, and self-steering parking. As of September 2014, all Tesla vehicles shipped with the sensors and software needed to support the Autopilot system. Since then, the company has touted refinements and improvements to the company’s ADAS and Autopilot features, including what it calls “Full Self-Driving” (“FSD”) software, which is said to allow Tesla vehicles to drive autonomously to an in-car entered destination to drive navigation system.

Throughout the class period, the defendants made materially false and misleading statements about the Company’s business, operations and prospects. In particular, the Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Defendants had grossly overstated the effectiveness, viability and safety of the Company’s Autopilot and FSD technologies; (ii) Contrary to the statements made by the defendants, Tesla’s autopilot…