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Matt Wille

Tesla may be lying about mileage range estimates, South Korea says

South Korea Tesla Inc. KFTC

South Korea’s antitrust watchdog has opened an official investigation into whether or not Tesla is telling the truth about the mileage range made possible by its batteries. An official at the Korea Fair Trade Commission (KFTC) sent a detailed report to Tesla alleging it had exaggerated its milage estimates in some vehicles, including the Model 3.

“We plan to hold a meeting to decide the level of sanctions against the automaker,” a KFTC official told Reuters.

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