South Korea’s antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla Inc for failing to tell its customers about the shorter driving range of its electric vehicles (EVs).

World Business Watch: Tesla fined $2.2 mln for exaggerating driving range of EVs

South Korea's antitrust regular fined Tesla 2.85 billion won ($2.2 million) for false advertising, saying the company overstated the range of its cars in cold weather.

Tesla has been slapped with a $2 million fine in South Korea

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World Business Watch: Tesla fined $2.2 mln for exaggerating driving range of EVs

Tesla has been slapped with a $2 million fine in South Korea