Hyperdrive
Tesla to Drop ‘Misleading’ Marketing in Germany Touting Model 3
- Website suggests fuel savings reduce sedan’s cost over time
- Fair-competition watchdog says Tesla will fix by March 20
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Tesla Inc. agreed to change the way it advertises the Model 3 sedan in Germany by getting rid of fuel-savings claims the nation’s fair-competition watchdog said are misleading.
The company has been promoting the four-wheel-drive version of the car on its German-language website as being capable of reaping 5,000 euros ($5,654) in savings over five years off the car’s price tag of 56,380 euros. Wettbewerbszentrale, the Munich-based watchdog, says Tesla has agreed to drop such references to “price after estimated savings” as of March 20.