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Tesla Inc.’s (NASDAQ:TSLA) legal troubles could reportedly cost the Elon Musk-led EV giant billions of dollars in settlement costs.
Tesla may face up to $14.5 billion in legal and settlement costs from ongoing lawsuits.
KEY POINTS
- NHTSA's Full Self-Driving probe has advanced to the Engineering Analysis phase, increasing recall likelihood.
- Tesla faces a European GDPR investigation into Sentry Mode, which could cost up to $500 million.
- Multiple regulatory probes—including crash reporting—together could result in over $1 billion in costs.
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