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Global Banking and Finance Review

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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    French investigators order Tesla to stop 'deceptive business practices'

    Published by Global Banking and Finance Review

    Posted on June 24, 2025

    Featured image for article about Headlines

    PARIS (Reuters) -French investigators on Tuesday ordered Tesla to stop what they called "deceptive business practices" or face thousands of euros in fines.

    Investigators at the finance ministry's Competition, Consumer Affairs and Fraud Control office said the automaker had engaged in deceptive commercial practices over the fully autonomous driving capabilities of its cars, had issued sales contracts with no date, time or place of vehicle delivery, and had failed to provide timely refunds, among other infractions.

    The office, which said the investigation began in 2023, ordered Tesla to comply with regulations within four months or face fines of 50,000 euros a day after that date until it complies.

    Tesla did not respond to an email request for comment.

    The carmaker has struggled in Europe in recent months, with sales of its electric vehicles plummeting in several markets in a decline blamed partly on CEO Elon Musk's political activities.

    A small group of Tesla owners in France filed a lawsuit this month against the carmaker, arguing that its vehicles have become "far-right totems" after Musk's involvement with U.S. President Donald Trump and endorsement of Germany's far-right AfD party.

    (Reporting by Makini Brice. Editing by Mark Potter)

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