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That's assuming car buyers are rational actors, and assuming the courts are fair. I think both are poor assumptions. What if the car itself isn't faulty if o
by darkpuma 8y ago
That's assuming car buyers are rational actors, and assuming the courts are fair. I think both are poor assumptions. What if the car itself isn't faulty if operated according to the fine print, but the marketing material for the car suggests to drivers the car has capabilities that exceed reality? Could Tesla theoretically be sued into compliance? Sure, maybe. But would it actually happen? Would Tesla defend their reputation by correcting their marketing material, or would Tesla defend their reputation for blaming the drivers?
And of course as you mention there is the possibility that Ellison is irrational.
- Sniffnoy 8y agoI'm not sure how much the fine print matters if it fails basic fit-for-purpose standards. Regarding irrationality -- see e.g. this[0] Shamus Young post about the video game industry. IMO, this general sort of irrationality is everywhere. Businesses in general tend to be irrational because they're run by suits, whose primary motivation is not actually accumulating money for the business but rather prestige for themselves, which you get by doing business-y things, regardless of whether those actually make money. For all his reputed greed, that's how I actually expect Larry Ellison to act. [0] https://www.shamusyoung.com/twentysidedtale/?p=41924 https://www.shamusyoung.com/twentysidedtale/?p=41924