After years of "high priority violations" of air pollution regulations at its Fremont assembly plant, Tesla has been penalized by the U.S. Environmental Protection Agency.
The agency fined the electric car company $275,000 — about what it would cost to buy two high-end Tesla Model S Plaid automobiles. The company sold more than 936,000 cars in 2021 and boasts a market value of $800 billion.
The settlement with Tesla "reflects EPA's continued commitment to ensure compliance with federal clean air laws," agency regional administrator Martha Guzman said in a prepared statement Tuesday.