Dec. 29, 2022—Tesla was slapped with a hefty $2.85 billion fine by South Korea's antitrust regulator for failing to report the vehicle's compromised driving range during cold weather.
The Korea Fair Trade Commission (KFTC) alleges Tesla wasn’t forthright about the "driving ranges of its cars on a single charge, their fuel cost-effectiveness compared to gasoline vehicles as well as the performance of its Superchargers."
According to the KFTC report as told by Reuters, Tesla’s driving range plummets in cold weather “by up to 50.5% versus how they are advertised online.”
This isn’t the first time the KFTC has called an automaker onto the carpet. In 2022, it fined Mercedes-Benz for false claims regarding gas emissions of its diesel passenger vehicles.