Photo by Paul Steuber on Unsplash

This Could Stop Musk Pumping Tesla Stock

It has a slim chance, but it really could.

By now, most of us are tired of Elon’s grift. He lies and exaggerates like a child to make himself and his company seem remarkable, all in hopes of attracting more attention, investment and customers. Then he pushes his engineers to try to make the impossible happen. Unsurprisingly, they almost always can’t, because Musk’s lies are so far-fetched, meaning that he almost always fails to deliver. But to distract from that, Musk winds up another magnificent lie, and the cycle continues. I mean, with Tesla alone, we have already seen the Boring Company, Hyperloop, FSD, putting a million Robotaxis on the road by 2020, the New Roadster, the Cybertruck, the Model 2, the Tesla Semi, the Optimus bot, and God knows how many more broken promises we have all forgotten. I mean, remember when Musk said that a Model 3 would be an appreciating asset? But one lawsuit could stop this grift in its place.

This is a class action lawsuit of Tesla investors, who believe they bought Tesla stock at artificially inflated prices between April 19, 2023, and June 22, 2025, and want compensation for their losses. I know, boo hoo, Tesla investors losing money, who cares? But their losses could be huge, because they have receipts.