Tesla has agreed to pay $ 1.5 million to settle claims that a software update temporarily lowered the maximum battery voltage in Model S sedans, Reuters reported.
Under this agreement, car owners will receive $ 625 each, which is said to be “many times the proportional value of the temporarily reduced maximum voltage.” This is stated in documents filed Wednesday in the US District Court in San Francisco.
The lawyers who filed the lawsuit said the “stress limitation was temporary: the 10% decline lasted about 3 months, and the smaller 7% decline continued for another 7 months until the March 2020 corrective update.”
A subsequent update restored about 3% of the battery voltage in these vehicles, and the third update, released in March 2020, was designed to fully restore battery voltage over time as vehicles moved. The company’s data shows that 1,552 vehicles have fully restored their battery voltage to their full potential, and the batteries in 57 vehicles have been replaced with new ones.
Tesla announced that its revenue in the second quarter of 2021 was $ 11.9 billion, exceeding analysts’ expectations and showing 98 percent growth over the same period last year.
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