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Tesla shares sank to a new low !

Featured Replies

34 minutes ago, Black Ops said:

CEO Elon Musk tried to blame the sinking price partly on macroeconomic factors.

... and I'm sure that he was correct.

TSLA stock price crashing the last week or two. At 2 year low now.

  • 2 weeks later...

South Korea fines Tesla for exaggerating driving range of its EVs in cold temperatures

 

The Korea Fair Trade Commission (KFTC) said that Tesla had exaggerated the "driving ranges of its cars on a single charge, their fuel cost-effectiveness compared to gasoline vehicles as well as the performance of its Superchargers" on its official local website since August 2019 until recently.

 

The driving range of the US EV manufacturer's cars plunge in cold weather by up to 50.5 per cent versus how they are advertised online, the KFTC said in a statement on Tuesday.

 

https://www.abc.net.au/news/2023-01-04/south-korea-fines-tesla-for-exaggerating-driving-range-of-evs/101825198

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