What changed 10-Q

Item 1. Legal Proceedings

2021-10-25 compared with 2021-07-27 · 0 added, 3 removed, 10 unchanged (23% of the section changed)

3 unchanged sentences

We believe that any proceeding that is material to our business or financial condition is likely to have potential penalties far in excess of such amount.

In May 2021, Tesla entered into a settlement agreement with The Bay Area Air Quality Management District with respect to past notices of violation relating to alleged air permitting and related compliance issues for the Fremont Factory, certain of which we had disputed.

Tesla agreed to pay $1 million consisting of a cash amount and the implementation of a supplemental environmental project.

The settlement agreement did not contain any admission of wrongdoing.

The German Umweltbundesamt has issued our subsidiary in Germany a notice and fine in the amount of 12 million euro alleging its non-compliance under applicable laws relating to market participation notifications and take-back obligations with respect to end-of-life battery products required thereunder.

5 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.