194 Tesla has been fined $22 million by South Korean regulators for claiming exaggerated driving ranges for its electric vehicles (EVs). Testing by the country’s Ministry of Land, Infrastructure, and Transport revealed that the advertised ranges for the Model S and Model X were inflated by up to 45%.The ministry has ordered Tesla to correct the information on its website and marketing materials and to publicly display the fine for three months. This marks the second time that Tesla has faced penalties for overstating the range of its EVs; in 2019, the company settled with the U.S. Federal Trade Commission (FTC) for $40 million on similar charges. You Might Be Interested In Standard Chartered Appoints Key Leaders to Strengthen Global Private Banking Team India and France Announce Strategic Partnership in Defence Manufacturing Analysts: Umno’s fading electoral lustre could muddy Pakatan prospects in state polls DBM submits P5.77-trillion national budget to House Wheat yield boom boosts Oman’s food security PM Pham Minh Chinh Departs Hanoi for ASEAN-Australia Special Summit and Official Visits to Australia, New Zealand
