Tesla customers in France sue over brand becoming 'extreme right'
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Maybe not, but there's some merit to it. Initially it was a highly desirable car, now one is ashamed to be in because owner is a Nazi. Another problem is that there's much higher risk that someone else will damage it (again, because of the owner).
That should increase the insurance premium and therefore the lease as well due to the risk
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Around 10 French clients with leases on Teslas are suing the US carmaker, run by Elon Musk, because they consider the vehicles to be "extreme-right" symbols, the law firm representing them said on Wednesday.
If your Nazi landlord put up a sign in the front yard that says "THIS RENTER GIVES MONEY TO NAZIS," you'd probably want to end your lease, too
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Ok, this doesn't sound too crazy in context.
They aren't owners, they are suing to be released from their lease contracts because they feel they suffered "direct and concrete" damage from the way Teslas are now associated with "Elon Musk's actions".
Of course it's not crazy. The CEO went all in on being a fascist piece of shit, and brazenly open drug addiction, which has directly damaged the assets of all of his businesses, their customers assets, and the entire brands.
If, within the next 5 years, Elon isn't billions in debt and destitute, that's how you know we all live in corporate dictatorships masquerading as "democracies".
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Around 10 French clients with leases on Teslas are suing the US carmaker, run by Elon Musk, because they consider the vehicles to be "extreme-right" symbols, the law firm representing them said on Wednesday.
Dear France, never change.
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Maybe not, but there's some merit to it. Initially it was a highly desirable car, now one is ashamed to be in because owner is a Nazi. Another problem is that there's much higher risk that someone else will damage it (again, because of the owner).
Ya, I'm guessing insurance costs have risen and that definitely comes into play.
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Dear France, never change.
But also, please use deodorant and stop being so rude to American visitors in paris. I get that a lot of us are shitty tourists, but some of us are just regular people who are there for work (and not paid as well as you'd think to be there for that work).
Edit: said France when I meant Paris cause I'm a stupid American
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If this is the precedent then everything becomes unexpected. You made a contract buying the car, that contract is signed in the past. Nobody cares what happens after that.
Yeah, buying a car, not a Neo Nazi Symbol.
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Of course it's not crazy. The CEO went all in on being a fascist piece of shit, and brazenly open drug addiction, which has directly damaged the assets of all of his businesses, their customers assets, and the entire brands.
If, within the next 5 years, Elon isn't billions in debt and destitute, that's how you know we all live in corporate dictatorships masquerading as "democracies".
I feel like we all very, very clearly knew it already.
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But also, please use deodorant and stop being so rude to American visitors in paris. I get that a lot of us are shitty tourists, but some of us are just regular people who are there for work (and not paid as well as you'd think to be there for that work).
Edit: said France when I meant Paris cause I'm a stupid American
There no need to feel so special, people in Paris are rude to just about everyone. My condolences to anyone who has to work or live there
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But also, please use deodorant and stop being so rude to American visitors in paris. I get that a lot of us are shitty tourists, but some of us are just regular people who are there for work (and not paid as well as you'd think to be there for that work).
Edit: said France when I meant Paris cause I'm a stupid American
Furthermore, smoking is disgusting.
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Around 10 French clients with leases on Teslas are suing the US carmaker, run by Elon Musk, because they consider the vehicles to be "extreme-right" symbols, the law firm representing them said on Wednesday.
I mean I can relate.
I sold my car at loss because I couldn't abide the fascist shit he was flinging around everywhere.
Despite loving the car itself, I couldn't love myself owning it and being a moving advertisement for him.
I still hate that I gave money to fund a person's decline into being a drug addled, woman hating, Russia supporting, stingy-assed, election rigging, right wing megalomaniac.
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There no need to feel so special, people in Paris are rude to just about everyone. My condolences to anyone who has to work or live there
I didn't say I was special. I just experienced the vitriol as an American. I can't speak to other people's experiences.
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If this is the precedent then everything becomes unexpected. You made a contract buying the car, that contract is signed in the past. Nobody cares what happens after that.
Let's not forget how much scummy stuff Elon is doing. It's not "only" the whole Nazi thing (which btw totally increased the chance of the car being vandalized). We know that he lied about the autopilot, which totally is something to sue about and give back a leased car.
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Around 10 French clients with leases on Teslas are suing the US carmaker, run by Elon Musk, because they consider the vehicles to be "extreme-right" symbols, the law firm representing them said on Wednesday.
I bought a whirling log, and they gave me a swastika!
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Of course it's not crazy. The CEO went all in on being a fascist piece of shit, and brazenly open drug addiction, which has directly damaged the assets of all of his businesses, their customers assets, and the entire brands.
If, within the next 5 years, Elon isn't billions in debt and destitute, that's how you know we all live in corporate dictatorships masquerading as "democracies".
Why would he be in debt though, the depreciation of the goodwill will not cause him to be millions in debt, just that the company would sell for less. There isn't a lot of ground to sue Elon sadly, you can sue Tesla for things like this though and there are probably some other things you can sue either Musk or Tesla, but even if you sue Tesla in the ground Musk wouldn't go into debt from it. Most likely case is that his assets are in a holding company anyway.
The US is a corrupt country and a lot of people are defending it or otherwise funding the corruption. Like why can't we see the annual reports of the companies these billionairs own?
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Why would he be in debt though, the depreciation of the goodwill will not cause him to be millions in debt, just that the company would sell for less. There isn't a lot of ground to sue Elon sadly, you can sue Tesla for things like this though and there are probably some other things you can sue either Musk or Tesla, but even if you sue Tesla in the ground Musk wouldn't go into debt from it. Most likely case is that his assets are in a holding company anyway.
The US is a corrupt country and a lot of people are defending it or otherwise funding the corruption. Like why can't we see the annual reports of the companies these billionairs own?
Musk has pledged $62.5 billion in Tesla stock as collateral for margin loans of $12.5 billion.
Giacomo Santangelo, a senior lecturer in economics at Fordham University said “A 20% stock decline on a 60% loan-to-value loan means the borrower must immediately post additional collateral or face forced liquidation. This creates cascade risk, where small declines trigger margin calls, forcing either more pledging or open-market sales, putting more pressure on the stock.”
Does Elon Musk’s Borrowing Show A Super Low Tesla Stock Valuation?
If that isn’t the case, then Tesla’s board seems to be enabling Musk to borrow against his shares to a much larger degree than the rules they’ve set out.
Forbes (www.forbes.com)
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Musk has pledged $62.5 billion in Tesla stock as collateral for margin loans of $12.5 billion.
Giacomo Santangelo, a senior lecturer in economics at Fordham University said “A 20% stock decline on a 60% loan-to-value loan means the borrower must immediately post additional collateral or face forced liquidation. This creates cascade risk, where small declines trigger margin calls, forcing either more pledging or open-market sales, putting more pressure on the stock.”
Does Elon Musk’s Borrowing Show A Super Low Tesla Stock Valuation?
If that isn’t the case, then Tesla’s board seems to be enabling Musk to borrow against his shares to a much larger degree than the rules they’ve set out.
Forbes (www.forbes.com)
Ow right, I forgot the US is a corrupt nation and allows bullshit like this.
Then again, it is most likely his personal holding/company which has the loans and stock and he has 100% of the shares in that company which will go bankrupt if his loans ever default(? I think that;s the right word?).
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I didn't say I was special. I just experienced the vitriol as an American. I can't speak to other people's experiences.
It's not that the french distaste the yankees specifically, they distaste any human creature that isn't from Napoleon's ballsac
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Ow right, I forgot the US is a corrupt nation and allows bullshit like this.
Then again, it is most likely his personal holding/company which has the loans and stock and he has 100% of the shares in that company which will go bankrupt if his loans ever default(? I think that;s the right word?).
Yes. His financial advisors have probably limited his liability. He can lose the value of his holdings, but is unlikely to go into debt himself.
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Ok, this doesn't sound too crazy in context.
They aren't owners, they are suing to be released from their lease contracts because they feel they suffered "direct and concrete" damage from the way Teslas are now associated with "Elon Musk's actions".
I agree, it's a step beyond the little sticker on the back of the car.
I'd do the same if I had one but pedoguygate switched me off the brand and it's never been the direction that I wanted to see EVs go (look I have a button that makes the car/range go down really fast. I also don't think talk of range without reference to battery size is helpful)
