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S. Korea fines Tesla $2.2 mln for alleged false advertising

A Tesla, Inc. electric vehicle charges at supercharger location in Hawthorne, California, on August 9, 2022. – Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings published August 9, 2022, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal. (Photo by Patrick T. FALLON / AFP)

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.

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