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Tesla Is Said To Pay A Fine Of Over Twelve Million Euros In Germany
The US electric car manufacturer Tesla is said to pay a fine of over twelve million euros in Germany.
Yazar: Tom Roberts
Yayınlanma: 2 Kasım 2020 02:14
Güncellenme: 7 Kasım 2024 12:11
Tesla Is Said To Pay A Fine Of Over Twelve Million Euros In Germany
The US electric car manufacturer Tesla is said to pay a fine of over twelve million euros in Germany. According to information from "Welt am Sonntag", this is evident from the report filed with the US Securities and Exchange Commission for the third quarter of the fiscal year. It says: "The German Federal Environment Agency (UBA) has issued a fine of twelve million euros against our subsidiary in Germany."The reason for the penalty is, among other things, the allegation that Tesla did not comply with laws that affect the take-back obligations for battery products. The automaker writes that the allegations are mainly about "administrative obligations" and that Tesla continues to take battery packs back from its vehicles.
According to its own information from the annual report, the company filed an objection to the decision. "Although we cannot foresee the outcome of the proceedings, including the final amount of the penalty, we have lodged an objection and it is not to be expected that it will have a materially negative impact on our business," it said.
The background is apparently the German Battery Act, which stipulates that manufacturers of e-cars must take back the batteries they sell or name a disposal partner. Tesla is said to have violated this. The company could not be reached for comment. The Federal Environment Agency announced that one was not allowed to comment on ongoing proceedings.
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