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For me, Tesla's bottom line is irrelevant. While Tesla was indeed liable for the events, 137M is way too much for what happened to the victim. Its really that s
by jeegsy 5y ago
For me, Tesla's bottom line is irrelevant. While Tesla was indeed liable for the events, 137M is way too much for what happened to the victim. Its really that simple
- ngcazz 5y agoI'm not going to discuss what the price tag for the harm caused should've been, I don't think that's reasonably or fairly quantifiable. That said, the ratio between the punitive damages and the direct compensation to the victim clearly intends send a message to other companies. Unfortunately, the ones that are able to pay these fines - which they are, effectively - won't ever be persuaded to change their ways, and will continue to seek other legal avenues to shield themselves from their responsibilities.
- TheCoelacanth 5y agoThe impact to Tesla's bottom line is precisely the point. $130 million dollars of the award is punitive damages. They aren't supposed to compensate the victim. They are supposed to punish Tesla and force them to follow the law in the future. The penalty needs to be large enough that it significantly hurts Tesla.
- jeegsy 5y agoWasn't this a civil suit? What law was broken by the Tesla company?