Tesla agrees to pay $1.5 million to settle battery throttling lawsuit
Tesla agreed to pay $1.5 million to settle a lawsuit alleging the company used a software update to reduce the maximum battery voltage for some of its Model S sedans, Reuters reports.
The software update, which was released in 2019, resulted in slower charging speed and diminished range for around 1,743 vehicles, the plaintiffs alleged. As a result of the settlement, Tesla agreed to pay $625 to each of the affected vehicle owners.
“This amount is many times the prorated value of the temporarily reduced maximum voltage, and thus represents an excellent and efficient result for the Settlement Class,” the court document reads. “In return, the Settlement Class will release…