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Five to [email protected]English • 2 years ago

Tesla warns that a federal probe into whether it exaggerated the range of its cars may lead to a 'material adverse impact on our business'

fortune.com

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Tesla warns that a federal probe into whether it exaggerated the range of its cars may lead to a 'material adverse impact on our business'

fortune.com

Five to [email protected]English • 2 years ago
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Earlier this year, Reuters reported that Tesla had created a special “diversions team” to avoid dealing with complaints from customers about their vehicle ranges.
  • Ian Betteridge
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    1•2 years ago

    @aral @Five How many billions did deliberately making misleading claims cost VW, again?

    • Fancy Sandwiches
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      1•2 years ago

      @ianbetteridge @aral @Five For those wondering just like me, the answer is a bit complicated, but in terms of settlements paid:

      On 28 June 2016, Volkswagen agreed to pay $15.3 billion to settle the various public and private civil actions in the United States, the largest settlement ever of an automobile-related consumer class action in United States history.

      https://en.wikipedia.org/wiki/Volkswagen_emissions_scandal#Private_actions

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