Elon Musk has responded sharply to a lawsuit alleging that Tesla speeds up its vehicles’ odometers to avoid paying for warranty-covered repairs. 

Musk’s comment about the lawsuit’s allegations were posted on social media platform X.

The Lawsuit’s Allegations

The proposed class-action lawsuit claimed that Tesla is speeding up its vehicles’ odometers so that they can fall out of warranty quicker. This system, the lawsuit alleged, allows Tesla to save a significant amount of money in repairs.

The lawsuit’s plaintiff is Los Angeles resident Nyree Hinton, who alleged that his 2020 Tesla Model Y’s odometer readings reflect energy consumption, driver behavior and “predictive algorithms” instead of actual mileage driven, as noted in a Reuters report. 

Hinton claimed that based on other vehicles and driving history, his car was stating that he was driving 72 miles a day when he usually drove just 20 miles at most. Because of this, Hinton alleged that his basic warranty expired well ahead of schedule, resulting in him paying $10,000 for a suspension repair that he believes should have been covered by warranty. 

“By tying warranty limits and lease mileage caps to inflated ‘odometer’ readings, Tesla increases repair revenue, reduces warranty obligations, and compels consumers to purchase extended warranties prematurely,” the lawsuit noted.

Elon Musk’s Response

Tesla and its legal team have fully denied all material allegations that were outlined in the proposed class-action lawsuit. In a comment to longtime FSD user @WholeMarsBlog on X, Tesla CEO Elon Musk also criticized the proposed class-action lawsuit. “This is idiotic,” the CEO wrote in a post on X.

Veteran EV owners have also stated on social media that the lawsuit’s claims were inaccurate since Tesla’s odometers do not, in any way, use predictive algorithms. Others also pointed out that repairs are not a major source of profit for Teslas because the company’s vehicles tend to last long without requiring maintenance or spare parts.

A man who attacked a Tesla Cybertruck in South Korea’s Gangnam district has been arrested and detained.

As per reports, the man is also accused of assaulting a person and damaging several other vehicles during the incident.

The Incident

As per authorities, the suspect, who is in his 30s and is dubbed “Mr. A” (suspect names are typically not disclosed in South Korea to protect privacy and prevent possible prejudice), allegedly assaulted a hotel employee on the morning of April 15. 

Following the assault on the hotel employee, the suspect reportedly knocked over a delivery motorcycle. He then went over and kicked a Tesla Cybertruck that was owned by a nearby medical facility. One of the all-electric truck’s side mirrors was damaged due to the attack. 

As per a News 1 Korea report, Mr. A has also been accused of kicking four BMW vehicles at a nearby auto shop. The BMWs’ passenger side doors were damaged by the suspect.

Charges and Arrest

As per the Seoul Gangnam Police Station in an announcement, an investigation into the incident is underway. The suspect was arrested on charges of special assault, property damage, and obstruction of business.

Authorities apprehended Mr. A in Seongnam, Gyeonggi Province, on April 18. An arrest warrant from the court was released the day after.

Cybertruck Attacks

The Tesla Cybertruck attack in South Korea is quite bizarre as the suspect assaulted both people and vehicles. The incident, if any, seems to be quite different from the attacks on Teslas that have been reported in the United States and Europe, which seemed to be political in nature and a response to CEO Elon Musk’s close relationship with President Donald Trump.

Tesla’s (NASDAQ:TSLA) stock price target was slashed 15% by Barclays to $275 from $325. Barclays analysts cited weaker fundamentals and challenges in achieving 2025 unit volume growth as reasons for cutting Tesla’s price target. The firm retained an equal weight rating on TSLA, noting that CEO Elon Musk could shift sentiment during the upcoming Q1 earnings call.

Barclays believes Musk’s discussion of Tesla’s robotaxi launch in June could overshadow short-term issues, stating, “good narrative could outweigh weak fundamentals.” The investment bank also commented that Musk’s work with the Trump Administration has become a “code red situation” for Tesla.

Musk’s involvement with President Trump and his administration has caused some waves in the perception of the Tesla brand. Other investment firms also see Musk’s work with the U.S. government as negative for Tesla.

Wedbush Securities’ Dan Ives urged Musk to prioritize his CEO role over government involvement. “We also would expect Musk to address his role in the Trump Administration and will be asked about if he plans to stay in an advisory role for the White House,” Ives said. The Wedbush analyst emphasized that Musk must “lay out the timeline/hard facts” for autonomous vehicles, robotics, and production on Tesla’s “new lower-cost vehicle.”

“We view this as a fork in the road time: if Musk leaves the White House, there will be permanent brand damage… But Tesla will have its most important asset and strategic thinker back as full-time CEO to drive the vision, and the long-term story will not be altered. If Musk chooses to stay with the Trump White House, it could change the future of Tesla, and brand damage will grow. A huge week ahead for Musk, Tesla, and investors,” Ives wrote in a note.

Tesla’s stock has faced pressure from Musk’s government ties, tariffs, and lower-than-expected deliveries. However, Benchmark analyst Mickey Legg countered the pessimism, arguing that current concerns over Tesla are exaggerated given the company’s future prospects.

“We believe the recent stock pullback and sales declines, while significant, are overblown considering the near-term issues impacting the company and the scope of opportunities around the corner. After appreciating over 90% to a high of $488 after the Presidential election, the stock has pulled back to sub-$300 levels,” Legg wrote in a note earlier this month.

The Benchmark analyst urged investors to focus on catalysts like robotaxis and new vehicle models. As Tesla’s earnings approach, Musk’s leadership and strategic clarity will be pivotal in addressing investor concerns and shaping the company’s trajectory.