South Korea weighs penalty against Tesla for exaggerating mileage

Tesla, on its website, says its Model 3 can travel 528 km (328 miles) on a single charge; the KFTC says however that the range may fall short of that should the temperature drop below freezing

South Korea's antitrust regulator is considering imposing penalties against U.S. electric car maker Tesla Inc over its findings the company exaggerated the specifications of its batteries, an official said on Wednesday.

The Korea Fair Trade Commission (KFTC) had sent a report to the electric vehicle (EV) maker stating that it had exaggerated the mileage of some of its models, including Model 3, in violation of the Act on Fair Labeling and Advertising, the official said.

"We plan to hold a general meeting to review and determine the extent to which the automaker has violated the law and decide the level of sanctions,"