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Tesla agrees to pay $1.5 million to settle claims over temporary battery voltage reduction

Owners of the vehicles will get $625 each, which is ”many times the prorated value of the temporarily reduced maximum voltage,” according to the proposed settlement documents filed Wednesday in U.S. District Court in San Francisco.

July 30, 2021 / 07:49 AM IST
Its pitch, however, is likely to face resistance from Prime Minister Narendra Modi’s administration which has championed high import taxes for many industries in a bid to boost local manufacturing.

Its pitch, however, is likely to face resistance from Prime Minister Narendra Modi’s administration which has championed high import taxes for many industries in a bid to boost local manufacturing.

Tesla Inc has agreed to pay $1.5 million to settle claims a software update temporarily reduced maximum battery voltage in 1,743 Model S sedans, court documents show.

Owners of the vehicles will get $625 each, which is ”many times the prorated value of the temporarily reduced maximum voltage,” according to the proposed settlement documents filed Wednesday in U.S. District Court in San Francisco.
Reuters
first published: Jul 30, 2021 07:50 am
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