Last Updated on January 3, 2023 by Bitfinsider
The South Korean antitrust agency announced a 2.85 billion won ($2.2 million) punishment against Tesla for neglecting to inform customers about the lower driving range of its electric vehicles in cold weather.
According to the Korea Fair Trade Commission, Tesla misrepresented the “driving ranges of its cars on a single charge, their fuel cost-effectiveness compared to gasoline vehicles, and the performance of its Superchargers” on its official local website from August 2019 until recently.
The driving range of the US EV manufacturer’s cars drops by up to 50.5% in cold weather compared to how it is marketed online, the KFTC said in a statement on Tuesday.
Tesla gives winter driving suggestions on its website, such as pre-conditioning vehicles with external power sources and using its updated Energy app to monitor energy use, but it does not address the loss of driving range in sub-zero conditions.
Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.
