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That's 4-5B USD worth of fraud. This thing could actually be quite dangerous for TSLA. One class-action lawsuit around this and they're bankrupt. Edit: Dang, y
by moralestapia 4y ago
That's 4-5B USD worth of fraud. This thing could actually be quite dangerous for TSLA. One class-action lawsuit around this and they're bankrupt.
Edit: Dang, you're all right, they could eat this and still be alive.
My whole sentiment comes from FSD being their big shot (and everything that comes with that, like the robotaxis and whatnot). Without FSD, they're "just another car company" and the market is already thriving with good alternatives (Audi's EVs are jaw dropping, at least for me). Excited to see what they announce on March 1st, though.
- oneoff786 4y agoThat’s not how the law works.
- gowld 4y agoYou think $5B would bankrupt Tesla?
- rvnx 4y agoCouldn't they issue new shares under their own name and sell them in the open market to get dozens of billions ?
- sebzim4500 4y agoProbably but it's more likely they would just pay it out of their $20B in liquid assets.
- recursive 4y agoWhat would happen to the other ~15B they have in the bank?
- kcb 4y agoThere's many people that still have the perception that Tesla is a small fish waiting to get gobbled up by legacy automakers. But every year that becomes further from the truth. A company with $80 billion revenue and 100,000+ employees is not dying from a single lawsuit.
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