South Korea fines Tesla ...News

The EV manufacturer will have to pay around $2.2 million for what has been labeled incorrect advertising The antitrust regulator of South Korea is fining Tesla $2.2 million (2.8 billion won) for overstating the driving range of its electric vehicles (EVs), which have turned out to be shorter in cold weather. According to a statement released by South Korea’s Fair Trade Commission on Tuesday, the automaker falsely promoted and exaggerated the driving range and charging speed of its EVs, and also its estimates of fuel-cost savings. According to the watchdog, the driving range of the American EV maker's cars can plun

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