S.Korea investigates possible exaggerated advertising in Tesla's mileage

FILE PHOTO: A Tesla logo is seen at its planned store in Hanam, South Korea, December 22, 2016. Picture taken December 22, 2016. REUTERS/Kim Hong-Ji

SEOUL (Reuters) - South Korea's antitrust regulator is investigating U.S. electric car maker Tesla Inc over allegations the company exaggerated the specifications of its batteries, an official at the Korea Fair Trade Commission (KFTC) said on Tuesday.

Yonhap news agency on late Monday reported the KFTC had sent a report to the electric vehicle (EV) maker stating that it had exaggerated the mileage of some of its models, including Model 3, in violation of the Act on Fair Labeling and Advertising.