The American market regulation system is so broken, it has taken ten years and hundreds of unnecessary deaths for mainstream reporters to start admitting Tesla is a fraud.

It wasn’t true then and still isn’t.

From hyperloops to solar roofs to trillion-dollar savings from federal budget cuts by DOGE, Musk has developed a reputation for excessive boasts and telling outright whoppers. For years, that habit hasn’t been a big problem for his companies, his image or wealth, but it’s shaping up to be one for Tesla, already stung by a 13% drop in its global EV sales in the first half of 2025.

The world’s “richest” man is basically generating wealth from fraud, which America is slow to act on.

Tesla drivers can pursue class action over self-driving claims, judge rules… The California classes include drivers who bought the Full Self-Driving package from May 19, 2017, to July 31, 2024, and opted out of Tesla’s arbitration agreement, and drivers who bought the package from October 20, 2016, to May 19, 2017.