Tesla, Elon Musk End Investor Autopilot Accusations on Appeal

Tesla Inc. and its billionaire CEO Elon Musk correctly escaped investor allegations over marketing of its autonomous driving features, an appellate court said Tuesday.

Musk didn’t say Tesla’s autonomous driving technology could drive safer than humans, and the electric-vehicle company represented it needed a “fully attentive driver,” said US Court of Appeals for the Ninth Circuit judges in an unpublished memorandum. “Thus, fairly considered, Musk represented that a driver with the technology is safer than a driver without it.”

Nor did the investors, Oakland County Voluntary Employees’ Beneficiary Association and Oakland County Employees’ Retirement System, adequately plead Musk’s representations ...