TSLA is trading at $431.02 (-2.51%) after a Reuters investigation alleged the company used flawed crash-data comparisons in its Full Self-Driving (FSD) safety claims.
- The move appears to be driven by company-specific pressure rather than a sector-wide selloff, as the broader market remains slightly firmer.
- Technical selling may be accelerating now that the stock is trading below the $430.57 intraday pivot level.
- The investigation, published May 28, questions the methodology Tesla uses to support its claims that FSD technology is safer than human drivers.