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Tesla Korea Suspected of Accounting Misconduct

SEOUL, April 14 (Korea Bizwire) — U.S. electric carmaker Tesla Inc.’s South Korean unit has failed to properly reflect the fines and penalties levied by the National Tax Service and the Fair Trade Commission (FTC) in its financial statements. According to the data from the Financial Supervisory Service, Taesung Accounting Corp., the auditor of Tesla [...]

Tesla Motor to Open First Dealership in S. Korea

SEOUL, Aug. 4 (Korea Bizwire) – Tesla Motors Inc., a U.S. electric vehicle producer, is set to open its first dealership in South Korea and possibly begin offering its globally famous electric car models to local customers before the end of the year, sources said Thursday. The U.S. automaker has agreed to open a shop [...]