Tesla will be fined approximately $2.2 million (2.8 billion Won) ($2.2 million) by South Korea’s FTC for violations of advertising law.
Tesla Misleading Ad
South Korea’s Fair Trade Commission issued a statement claiming that Tesla had misrepresented the true range, charging time, and claimed savings on fuel prices of its electric vehicles. In February, when the Fair Trade Commission began its probe, Tesla removed the ad from the Korean version of its website.
Requests for comment from the media were met with silence from Tesla South Korea so far.
