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New York Post
52 mins

Tesla asks court to throw out damages awarded in deadly crash — claim Musk misled jury

1. Tesla seeks to overturn $243 million award from fatal crash case. 2. Court found Tesla partly liable despite driver distraction and fault. 3. Fears arise over liability risks for self-driving technology developers. 4. Elon Musk's trial decision may impact Tesla's image and innovations. 5. Stock dropped 3.5% amid ongoing legal issues and European sales concerns.

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FAQ

Why Bearish?

Legal liabilities can damage investor confidence. Historical cases show stock drops due to litigation outcomes.

How important is it?

Legal outcomes directly affect Tesla's liability and consumer trust in technology.

Why Short Term?

Immediate concerns over liability could affect stock price and public perception in the near term.

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