Elon Musk’s electric vehicle company, Tesla, has been fined $155,460 for failing to comply with mandatory safety standards for products using button batteries, the Australian Competition and Consumer Commission has said.
The fine – just over the cost of two Tesla Model 3 vehicles – was levied by the regulator over Tesla allegedly failing to conduct the required safety tests for three of its key fob models and two of its illuminated door sill models. It was also fined for allegedly failing to provide the mandatory safety warnings on these products, which have been required since June last year.
