4 ms·
The trial lawyer who filed this lawsuit has a long track record of extorting money for meritless claims and using the threat of media attacks and expensive tria
by sleepychu 9y ago
The trial lawyer who filed this lawsuit has a long track record of extorting money for meritless claims and using the threat of media attacks and expensive trial costs to get companies to settle. At Tesla, we would rather pay ten times the settlement demand in legal fees and fight to the ends of the Earth than give in to extortion and allow this abuse of the legal system.
I wonder how your shareholders will feel about that.
- tempestn 9y agoWinning in court would presumably be better PR than paying a settlement, so probably fine, even if all they care about is ROI.
- zolthrowaway 9y agoThis is good PR for them now. "Look we are clearly not at fault and will vehemently defend our innocence." In addition this claim is absolutely non-binding. Also, if the trial lawyer in question is just trying to make a quick buck, this is a deterrent. If the goal is just a cash grab, why would this lawyer go through an arduous legal battle for a false claim when there are plenty of other lucrative cases that will settle out of court. Perhaps I am wrong, but I can't see any downside to saying this. There is zero obligation to follow through. The outcome of this case is going to be a big story regardless of this statement. It's just solid PR and posturing with little to no cost to do so.