Elon Musk speaks out about Tesla's $1.5 million payment to settle a battery-charging lawsuit, saying 'if we are wrong, we are wrong. In this case, we were.'

Tesla boss Elon Musk. Matt Rourke / AP Photo
Elon Musk used Twitter to discuss a recent Tesla deal that focused on battery capacity.
Tesla has agreed to pay $ 1.5 million to settle claims that battery capacity was reduced to 1,743 vehicles in 2019.
"If we're wrong, we're wrong," Musk said on Friday. "In this case it was us."
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Tesla CEO Elon Musk said the electric vehicle maker was wrong about lowering the maximum charging capacity for some vehicles.
"If we're wrong, we're wrong," he said on Twitter on Friday. "In this case it was us."
According to a settlement agreement filed in the U.S. District Court in San Francisco on Wednesday, Tesla agreed to pay $ 1.5 million to resolve claims that reduced the loading capacity of some vehicles in 2019.
The agreement included payments of $ 625 each to owners of 1,743 Model S vehicles whose maximum load capacity was temporarily reduced.
In another tweet on Friday, Musk outlined his company's considerations regarding lawsuits and other claims.
"Tesla's policy is never to give in to false claims even if we lose and never fight true claims even if we win," he said.
The settlement agreement would end a class action lawsuit filed in August 2019 by David Rasmussen, who said a software update reduced the range and charging speed of his Model S.
The lawsuit states that the company released the update in May 2019, which will limit battery charging by around 10% on some vehicles. After three months of a 10% cut, it was cut to 7% for seven months, the lawsuit said. Software updates in May 2020 restored a large part of the charging capacity, court files said.
According to court records, the comparison would result in "multiple" losses of an estimated US $ 175 per vehicle.
A settlement hearing was scheduled for December 9th with Judge Beth Labson Freeman.
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