More from the press release ...

... "Ever since Elon Musk took over DOGE and became best-friend-in-chief with President Trump, Tesla"where Musk is supposed to be CEO"has suffered financially, causing enormous losses for Tesla shareholders," said Comptroller Brad Lander. "In less than three months, Tesla stock has lost nearly 40% of its value, with losses over $300 million for the New York City pension systems.

We have long expressed concerns that the Tesla board has failed to provide independent oversight, or to require that Musk -- or someone else -- serve as a full-time CEO. Now, it appears that material misstatements from Tesla misled investors about his role at the company.

That's why I'm calling on the Law Department to file securities litigation: because Elon Musk is so distracted that he's driving Tesla off a financial cliff and taking down shareholder value with it." ...