Mealey's (August 29, 2018, 1:53 PM EDT) -- SAN FRANCISCO — A federal judge in California on Aug. 24 ruled that shareholders failed to plausibly state a claim for relief under federal securities law in arguing that Tesla Inc. and others misrepresented the company’s ability to mass produce its Model 3 automobile because the statements were forward-looking and protected by the safe harbor provision of the Private Securities Litigation Reform Act of 1995 (PSLRA) (Gregory Wochos v. Tesla Inc., et al., No. 17-5828, N.D. Calif., 2018 U.S. Dist. LEXIS 145696)....