California judge says Tesla engaged in deceptive Autopilot marketing
CNBC••general
Key Points:
- A California administrative law judge ruled that Tesla's marketing of its "Autopilot" and "Full Self-Driving" systems is deceptive, recommending a suspension of up to 30 days on the company's car sales and manufacturing in the state.
- The California DMV, which filed the false advertising complaint in 2022, will give Tesla 90 days to clarify or remove misleading language before enforcing any suspension.
- The DMV will delay the suspension of Tesla's manufacturing license to avoid disrupting the company's factory operations in California.
- Despite the ruling, Tesla's stock reached a record high, driven by investor optimism about the company's future Robotaxi plans.
