12:08 PM EDT, 06/24/2025 (MT Newswires) -- Tesla (TSLA) shares were down nearly 2% Tuesday after the electric carmaker was ordered to stop misleading business practices in France or face daily fines, according to a statement from the French finance ministry's Competition, Consumer Affairs and Fraud Control office.

The fraud control office said Tesla misrepresented the self-driving features of its cars and issued incomplete sales contracts. Other violations include failing to provide accurate delivery details and delaying customer refunds, according to the statement.

Tesla has four months to fix these issues or pay 50,000 euros ($58,000) per day in penalties, as per the statement.

Tesla did not immediately respond to a request for comment from MT Newswires.

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