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Tesla Hate Is Making Insurance More Expensive for Owners

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Re: Tesla Hate Is Making Insurance More Expensive for Owners

#42
post #30
post #18

Might effect new buyers decisions I guess, but since about 99% of Tesla's were sold to green, left-leaning buyers, before the Elon hate-fest, I am not sure how targeting that group of people for your hatred is helping any "cause".

The whole point is new buyers.. People are protesting Musk. Something like 75% of Musk's current wealth comes from Tesla stock. Tesla stock is going down.. so it is helping the cause

If you look at places like Reddit where the organizing is happening, they don't differentiate between left-leaning buyers of years past, and in fact call them out for being complicit by not selling their (paid for?) car. It's scorched earth and is not limited to new buyers.

Re: Tesla Hate Is Making Insurance More Expensive for Owners

#43

Earlier quoted context omitted.

Should/would the government bail out Tesla were it to get into financial difficulties?

As of December 31st, 2024, Tesla has around $17b in cash and cash equivalents, $122b in assets, and $49b in liabilities It doesn't seem likely the government will have to bail them out.

Musk has just appealed the rescinding of his $56B pay deal. Where would Tesla be were he to get a more favourable ruling this time?

Re: Tesla Hate Is Making Insurance More Expensive for Owners

#44

Earlier quoted context omitted.

Yes, after the recent promotional event at the White House I can easily imagine protecting Teslas becomes a top priority, and that damaging one is punishable by death.

Trump did literally say during that event that attacking Tesla showrooms was domestic terrorism.

It is unequivocally terrorism to participate in violence against civilians with the aim of causing political change. And it's domestic because it's here. It's definitionally correct.

Re: Tesla Hate Is Making Insurance More Expensive for Owners

#46
post #42
post #30

Earlier quoted context omitted.

The whole point is new buyers.. People are protesting Musk. Something like 75% of Musk's current wealth comes from Tesla stock. Tesla stock is going down.. so it is helping the cause

If you look at places like Reddit where the organizing is happening, they don't differentiate between left-leaning buyers of years past, and in fact call them out for being complicit by not selling their (paid for?) car. It's scorched earth and is not limited to new buyers.

Scorched earth strategies can be effective depending on your goals.

Re: Tesla Hate Is Making Insurance More Expensive for Owners

#47
post #18

Might effect new buyers decisions I guess, but since about 99% of Tesla's were sold to green, left-leaning buyers, before the Elon hate-fest, I am not sure how targeting that group of people for your hatred is helping any "cause".

[flagged]

Re: Tesla Hate Is Making Insurance More Expensive for Owners

#49

The Tesla, last I read about and test drove one, is a great car. Why tear at a company that makes a great car over anyone's political preferences? The phrase "shooting oneself in the foot" comes to mind. It makes no sense whatsoever.

It's at the bottom of all reliability lists so I'd argue it's not a "great car"
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