AUSTIN, Texas - Tesla and Elon Musk are facing a proposed class action suit by shareholders over safety risks regarding Robotaxis.

The suit was filed on Monday, August 4, in a federal court in Austin .

The suit

What we know:

The suit claims that Tesla's Robotaxis were operating dangerously and in violation of traffic laws.

Shareholders are also accusing Tesla and Elon Musk of securities fraud for concealing the "significant risk" of the danger of the company's self-driving vehicles, including Robotaxis.

The lawsuit claims that because of Musk’s statements and videos of dangerous driving, Tesla stock dropped significantly, and shareholders suffered losses.

The suit also names the current chief financial officer and the former CFO.

Throughout the years, Tesla has hosted numer

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