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Tesla fined $2.2 mn for false advertising on EV range in cold weather

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Image Credit: the statesman

Elon Musk's Tesla was fined $2.2 million by the South Korean market authority for deceiving consumers about the range of its electric vehicles through ads. The range reduction in cold weather was a problem for the Korea Fair Trade Commission (KFTC). The manufacturer of electric vehicles reportedly posted a notice stating that "performance and mileage may vary by model" on its website in South Korea, according to Electrek.