Tesla can't find buyers for the current backlog of nearly 2,400, or $200 million worth of Cybertrucks, despite claiming over a million orders were received.
The whole internet seems happy about the “people” burning Teslas in protest. I am pretty sure they were all insured and given the terrible sales figures… please guess who is benefitting the most of that burning?
This comment has no logic… yes, maybe Tesla itself is not at a loss due to vandalism here but insurance companies would drop either Tesla (the company) as a client or deny insurance to people buying Swasticars which would make the sales slump into a sales halt
This is really bad for Tesla either way if you are willing to look 1 mm beyond
You are right, but there probably is a “safe” number of Teslas that can burn, before insurance companies drop Tesla (or increase insurance prices to make it unprofitable).
Insurance frauds, if not caught, tend to be profitable.
Edit: I just want to add that I do not have any personal experience with insurance frauds… It’s just my little conspiracy theory… I won’t respond anymore, must go and make my first tinfoil cap.
Insurance fraud is really hard to hide, that’s the first thing insurance companies investigate, particularly if the claimant is a car dealership. This has been a popular criminal activity for decades, my uncle used to pull this scam with his motorcycle club, they all got caught.
The whole internet seems happy about the “people” burning Teslas in protest. I am pretty sure they were all insured and given the terrible sales figures… please guess who is benefitting the most of that burning?
Insurance doesn’t usually cover “acts of terrorism” so it will be funny if that’s how it gets classified.
Probably they will blame it to “Battery quality/integrity”
If they did, wouldn’t that make the cars much more expensive to insure?
Having to make a ton of insurance claims is not a good thing.
Eventually you become uninsurable, which is a lot harder to overcome than a sales slump.
This comment has no logic… yes, maybe Tesla itself is not at a loss due to vandalism here but insurance companies would drop either Tesla (the company) as a client or deny insurance to people buying Swasticars which would make the sales slump into a sales halt
This is really bad for Tesla either way if you are willing to look 1 mm beyond
You are right, but there probably is a “safe” number of Teslas that can burn, before insurance companies drop Tesla (or increase insurance prices to make it unprofitable).
Insurance frauds, if not caught, tend to be profitable.
Edit: I just want to add that I do not have any personal experience with insurance frauds… It’s just my little conspiracy theory… I won’t respond anymore, must go and make my first tinfoil cap.
Insurance fraud is really hard to hide, that’s the first thing insurance companies investigate, particularly if the claimant is a car dealership. This has been a popular criminal activity for decades, my uncle used to pull this scam with his motorcycle club, they all got caught.
It’s kinda dumb that people are burning EVs… vandalize them all you want but burning that gigantic battery can’t be good…
Insurance companies raised rates on teslas
Insurance isn’t going to pay out it’s $700 billion market cap. If this keeps up, Tesla the company won’t exist any longer.