Tesla Bear Smells 'Diesel Gate 2.0' After Edmunds Finds None Of EV Giant's Cars Has Ever Hit EPA Range Estimate

Tesla, Inc. TSLA disclosed in its 10-Q report it has received a subpoena from the Department of Justice regarding certain matters, including vehicle range.

Range Anxiety: Commenting on the disclosure Edmunds, an online publisher of automotive information, said on X, formerly Twitter, “Our own real-world testing has found not a single Tesla has ever hit its EPA range estimate.”

Tesla bear and GLJ Research’s Gordon Johnson reposted Edmund’s post and said, “Is this $TSLA’s Diesel Gate 2.0 moment?”

The original Diesel Gate scandal erupted in 2015 when the U.S. Environment Protection Agency found that Volkswagen AG VWAGY tinkered with its diesel engines to show emissions that were well within the standards set by the agency during testing.

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Why It’s Important: An investigative report published by Reuters in July said Tesla has been exaggerating the ranges of its EVs for years by rigging their range-estimating software. This was done at the behest of Elon Musk himself, the report said.

It also said Tesla had an internal secret team that worked with the sole intent of suppressing driving range-related complaints.

Driving range, or simply range, is a key criterion that a user focuses on while making a purchase decision. The range is the distance traveled by a vehicle on a single charge and it is all the more important for EVs, given the still nascent charging infrastructure that is available in most places.

Context added by readers to Edmunds’ post said Edmunds wasn’t using the EPA test cycle in its range tests and therefore was not an “accurate representation of how the EPA rates EV range and the results should not be used to evaluate any OEM’s stated EPA range.”

Tesla ended Tuesday’s session 2.09% higher at $216.52, according to Benzinga Pro data.

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