Published: 11:26, February 15, 2022 | Updated: 11:31, February 15, 2022
ROK probes Tesla's possible exaggerated advertising
By Reuters

The company logo is shown at the top of a supercharger for Tesla automobiles near shops Feb 25, 2021 in Boulder, Colorado, US. (DAVID ZALUBOWSKI, FILE / AP)

SEOUL - The Republic of Korea's antitrust regulator is investigating US electric car maker Tesla Inc over allegations the company exaggerated the specifications of its batteries, an official at the Korea Fair Trade Commission said on Tuesday.

Yonhap news agency on late Monday reported the KFTC had sent a report to the electric vehicle 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.

ALSO READ: Tesla batteries seen undercutting Australia's $5 billion project

Tesla, on its website, says its Model 3 can travel 528 km on a single charge

"We plan to hold a meeting to decide the level of sanctions against the automaker," an official at the KFTC told Reuters.

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

ALSO READ: Elon Musk sells $1.1b of Tesla stock to cover taxes 

Analysts said most electric vehicles could generally experience some loss of driving range in cold weather.

Tesla was not immediately available for comment when contacted by Reuters.