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Thursday, May 7, 2026

S. Korea Fines Tesla $2.2 Mln For Alleged False Advertising - Barron's

South Korea's antitrust regulator said Tuesday it will fine Tesla 2.85 billion won ($2.2 million) for neglecting to inform customers that the driving range of its electric vehicles could be halved in cold weather.

Online, the company had exaggerated and made false claims about the range and charging speed of its electric vehicles, the Korea Fair Trade Commission (KFTC) said.

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