<p><strong>Tesla Inc.</strong>‘s (NASDAQ:TSLA) legal troubles could reportedly cost the Elon Musk-led EV giant billions of dollars in settlement costs.</p>



<h2>$14.5 Billion In Costs</h2>



<p>On Thursday, Electrek reported that Tesla was facing over 21 active lawsuits comprising wrongful death lawsuits, as well as customers suing the EV giant over its self-driving and driver assistance systems. Tesla is also being sued over allegations of racial discrimination. The exposure estimates, according to the report, range from $2.1 billion to $14.5 billion.</p>



<p>The estimates include Autopilot/FSD crash lawsuits with exposures of $1-5 billion, as well as class action lawsuits relating to Full Self-Driving (FSD) false advertising ($100-500 million), autonomy predictions and more. The racial discrimination lawsuit at its Fremont, California, facility could cost up to $1.2 billion.</p>



<p>It also faces multiple regulatory investigations, like the National Highway Traffic Safety Administration (NHTSA) FSD investigation, which could cost over $500 million, as well as the Crash Reporting probe and a European General Data Protection Regulation probe into Tesla’s Sentry Mode, which could also skyrocket to $500 million, the report said.</p>



<h2>Elon Musk Decries Lawsuits</h2>



<p>CEO <strong>Elon Musk </strong>recently took to social media, decrying the lawsuits Tesla faces over the Autopilot and FSD systems, sharing that the technologies were instrumental in saving “a lot of lives,” and expressing bullish sentiment about the technology.</p>



<p>However, questions remain about the systems as the National Highway Traffic Safety Administration’s (NHTSA) probe into the FSD technology recently moved into the Engineering Analysis phase. Notably, this is a phase that is typically followed by a large-scale recall for vehicles.</p>



<h2>Lower Insurance Premiums</h2>



<p>Meanwhile, the EV giant has shared that Tesla owners can avail lower insurance premiums with the Supervised FSD system with the Safety Score v3.0 that will offer a score of 100 for every mile driven with FSD engaged. The new rules will be available in select states like Indiana, Tennessee, Texas, Arizona, Virginia &amp; Illinois.</p>



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<p>According to Benzinga Edge Rankings, Tesla offers satisfactory Momentum, but poor Value. It provides a favorable price trend in the Long term.</p>



<p><strong>Price Action</strong>: TSLA declined 0.78% to $388.90 at market close on Thursday, further slipping 0.19% to $388.18 during the after-hours trading session.</p>



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<p><em>Check out more of Benzinga’s Future Of Mobility coverage by</em> following this link.</p>



<p><em>Image via Shutterstock</em></p>

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<p>Tesla Inc. faces over $14.5 billion in potential costs from more than 21 active lawsuits, including wrongful death and racial discrimination claims. The lawsuits involve issues related to its Autopilot and Full Self-Driving systems, with exposure estimates ranging from $2.1 billion to $14.5 billion. CEO Elon Musk criticized the lawsuits, emphasizing the life-saving potential of the technology. Tesla also announced lower insurance premiums for owners using the Supervised FSD system. TSLA shares declined 0.78% to $388.90 at market close.</p>

- Tesla Inc. is facing over 21 active lawsuits, which could potentially cost the company between $2.1 billion and $14.5 billion.  
- Legal challenges include wrongful death cases, allegations of racial discrimination, and multiple regulatory investigations, particularly concerning its Autopilot and Full Self-Driving technologies.  
- Despite the legal issues, Tesla is promoting lower insurance premiums for owners utilizing its supervised driving system, showcasing a mixed financial outlook with satisfactory momentum but poor value.

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Tesla's May Have To Shell Out More Than $14 Billion Over Autopilot, FSD And Other Lawsuits: Report