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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)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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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’::Earlier this year, Reuters reported that Tesla had created a special “diversions team” to avoid dealing with complaints from customers about their vehicle ranges.

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[-] Hildegarde@lemmy.world 100 points 1 year ago

If enforcement of federal laws does not cause a "material adverse impact" the penalty is far too low.

this post was submitted on 24 Oct 2023

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