Tesla Inc (TSLA.O) 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.
A Tesla sales and service center is shown in Costa Mesa, California, U.S. June 28, 2018. REUTERS/Mike Blake/File Photohas 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.Lawyers for the owners who sued said the "voltage limitation was temporary, with a 10% reduction lasting about 3 months, and a smaller 7% reduction lasting another 7 months before the corrective update was released in March 2020.
Company data shows 1,552 vehicles had maximum battery voltage fully restored and 57 have had battery replacements and for other vehicles the maximum voltage should continue to be restored over time, the settlement documents said.Reporting by David Shepardson; Editing by Leslie Adler and Aurora EllisSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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