The head of New York City’s pension funds threatened a shareholder lawsuit against Tesla, arguing that CEO Elon Musk’s leadership at the Department of Government Efficiency was hurting the stock. Violent attacks and negative attention toward Musk have taken a major financial toll on the company as Tesla stock has decreased in value by 40%

New York City Comptroller Brad Lander has asked the city, which is a major Tesla shareholder, to sue Tesla and CEO Elon Musk over alleged breaches of fiduciary duties. Lander asked the New York City Law Department to pursue securities litigation against Tesla on behalf of the New York City pension systems, which owns 3 million shares in Tesla.

Brad Lander, the comptroller, said Elon Musk’s actions on behalf of the Trump administration had hurt Tesla’s stock price.

A draft of the state’s new Tesla contract would extend the lease for Elon Musk’s electric carmaker by another five years.

New York legislators scrutinize Tesla's factory performance and consider laws impacting its sales and state contracts.

An Upstate New York lawmaker is proposing legislation that would end Tesla's in-person sales operations in New York. Demonstrators are arrested by NYPD officers during a protest against Elon Musk and Tesla outside a Tesla showroom, Saturday, March 1, 2025 in New York. (Adam Gray | AP Photo) Adam Gray | AP Photo

City Comptroller Brad Lander is pushing for the city to file a shareholder lawsuit against Tesla, alleging the automaker misstated how much CEO Elon Musk’s work for the Trump administration has pulled him away from the company.

Tesla sales fell 13% in the first three months of the year, another sign that Elon Musk’s once high-flying car

The NYPD's Hate Crime Task Force is investigating an incident where two individuals carved a swastika on a Tesla in Brooklyn.

Hundreds of people gathered at a rally in New York City to protest continued budget cuts proposed by DOGE affecting thousands of Americans.