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That won't happen. Tesla is in a complex legal situation where a reaction twoards it also means a reaction towards spaceX and twitter, both of which have parts

That won't happen. Tesla is in a complex legal situation where a reaction twoards it also means a reaction towards spaceX and twitter, both of which have parts of the US government happy with.

ProjectArcturis 3y ago
Do you really think the judge and jury in this trial are going to be worried about the federal government's relationship with SpaceX and Twitter?
- agloe_dreams 3y ago
  Do you really think any fine this trial could create would ever be enough? Trials like this tend to spur political action..but my point is clear. Tesla will pay some rounding error fine, the US Gov will do nothing to stop it. This trial cannot possibly generate an actual smackdown without political intervention. This isn't the EU.
  - Spooky23 3y ago
    It’s also perfectly reasonable for a Tesla to be held accountable for mistakes their AI makes. A big part of a valuation of the company is that Tesla can continue to flout any rules and do whatever they want, while blaming anyone and anything in the way. Their valuation assumes that services like self driving will drive P&L. If the company is held accountable, you have to factor in the cost of that. Not good for a stock as highly valued.
  - ProjectArcturis 3y ago
    >Do you really think any fine this trial could create would ever be enough? Certainly! American juries have been known to return multi-billion-dollar punitive damages when they're convinced a company has acted maliciously. Look at JNJ, which is on the hook for $9B for selling baby powder contaminated with asbestos.
  - freejazz 3y ago
    It's not a regulatory action, this is civil litigation where Tesla is alleged to be responsible for the underlying injury
rsynnott 3y ago
… Wait, how does this work? Regulator slaps down a company for dodgy advertising, which… somehow has a negative impact on two unrelated companies? It’s (a) not clear to me what the mechanism of action is here and (b) unclear why a regulator should care even if there was one. Note that even in cases where the company being punished was the company that governments cared about, regulators usually aren’t too shy about this. US and European governments are big Microsoft customers, say, but both US and EU regulators have punished MS for bad behaviour in the past (and, particularly in the EU case, forced it to change aspects of its business practices).

That won't happen. Tesla is in a complex legal situation where a reaction twoards it also means a reaction towards spaceX and twitter, both of which have parts of the US government happy with.

ProjectArcturis 3y ago

Do you really think the judge and jury in this trial are going to be worried about the federal government's relationship with SpaceX and Twitter?

agloe_dreams 3y ago
Do you really think any fine this trial could create would ever be enough? Trials like this tend to spur political action..but my point is clear. Tesla will pay some rounding error fine, the US Gov will do nothing to stop it. This trial cannot possibly generate an actual smackdown without political intervention. This isn't the EU.
- Spooky23 3y ago
  It’s also perfectly reasonable for a Tesla to be held accountable for mistakes their AI makes. A big part of a valuation of the company is that Tesla can continue to flout any rules and do whatever they want, while blaming anyone and anything in the way. Their valuation assumes that services like self driving will drive P&L. If the company is held accountable, you have to factor in the cost of that. Not good for a stock as highly valued.
- ProjectArcturis 3y ago
  >Do you really think any fine this trial could create would ever be enough? Certainly! American juries have been known to return multi-billion-dollar punitive damages when they're convinced a company has acted maliciously. Look at JNJ, which is on the hook for $9B for selling baby powder contaminated with asbestos.
- freejazz 3y ago
  It's not a regulatory action, this is civil litigation where Tesla is alleged to be responsible for the underlying injury

rsynnott 3y ago

… Wait, how does this work? Regulator slaps down a company for dodgy advertising, which… somehow has a negative impact on two unrelated companies? It’s (a) not clear to me what the mechanism of action is here and (b) unclear why a regulator should care even if there was one. Note that even in cases where the company being punished was the company that governments cared about, regulators usually aren’t too shy about this. US and European governments are big Microsoft customers, say, but both US and EU regulators have punished MS for bad behaviour in the past (and, particularly in the EU case, forced it to change aspects of its business practices).