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'

Five@slrpnk.net to Technology@beehaw.org – 255 points –
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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@Five 🎻

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

@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