Tesla, Inc. (NASDAQ:TSLA) Faces Investigation Amid Robotaxi Concerns

• Tesla's robotaxi launch in Austin has led to an investigation by the NHTSA due to erratic driving behavior, impacting investor confidence and Tesla's stock price.
• Pomerantz LLP is investigating potential securities fraud or unlawful business practices on behalf of Tesla investors, highlighting the seriousness of the allegations.
• Despite the investigation, Benchmark upgraded Tesla's rating to a "Buy" and raised the price target, indicating optimism about Tesla's long-term prospects.

Tesla, Inc. (NASDAQ:TSLA) is a leading electric vehicle manufacturer known for its innovative approach to sustainable energy and transportation. Recently, Tesla launched its robotaxi service in Austin, Texas, on June 22, 2025. However, this launch has been marred by reports of erratic driving behavior by the robotaxis, leading to an investigation by the U.S. National Highway Traffic Safety Administration (NHTSA). This has raised concerns among investors about potential securities fraud or other unlawful business practices, prompting Pomerantz LLP to investigate on behalf of Tesla investors.

The investigation by Pomerantz LLP, a firm renowned for its expertise in corporate, securities, and antitrust class litigation, comes at a critical time for Tesla. The firm's history of securing multimillion-dollar damages awards for class members in similar cases underscores the seriousness of the situation. The NHTSA's involvement, triggered by online videos showing Tesla robotaxis violating traffic laws, has already impacted Tesla's stock price negatively, causing a sharp decline and affecting investor confidence.

Despite these challenges, Benchmark has updated its rating for Tesla to a "Buy" recommendation as of June 26, 2025. At the time of this announcement, Tesla's stock was priced at $327.55. Benchmark also raised Tesla's price target from $350 to $475, indicating a positive outlook for the company's future performance. This suggests that some analysts remain optimistic about Tesla's long-term prospects despite the current investigation.

Currently, Tesla's stock is trading at $323.79 on the NASDAQ, reflecting a decrease of approximately 0.61% with a price drop of $1.99. The stock has seen fluctuations during the trading day, reaching a low of $317.50 and a high of $329.34. Over the past year, Tesla's stock has experienced significant volatility, with a low of $182 and a high of $488.54. The company's market capitalization is approximately $1.04 trillion, highlighting its substantial presence in the market.

Today's trading volume for Tesla is 89.07 million shares, indicating active investor interest despite the ongoing investigation. The situation with the robotaxi service and the NHTSA's involvement will likely continue to influence Tesla's stock performance in the near term. Investors and analysts will be closely monitoring developments in the investigation and any potential impact on Tesla's business practices and financial health.