South Korea Fines Tesla $2.2 Million For Allegedly Exaggerating Driving Range

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Credits: Natalya Letunova/Unsplash

South Korea’s antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla for failing to tell its customers about the shorter driving range of its electric vehicles in low temperatures, says an artcle published on CNBC.

Fuel cost-effectiveness

The Korea Fair Trade Commission said that Tesla had exaggerated the “driving ranges of its cars on a single charge, their fuel cost-effectiveness compared to gasoline vehicles as well as the...

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