Tesla insurance unit sued over alleged auto coverage underpayments

What, more fraud from the Musk empire? I'm shocked. /s

What’s left of Tesla that hasn’t been sued the parking lot the bathrooms amazing

Of course they underpay. Their insurance makes losses anyway because Teslas are a high risk to insurers and nobody wants to take them, so they have to offer insurance themselves. And to keep their customers they have to offer rates below the real risk. So they do everything to avoid any further payments.

Can I smell cash-flow problems?

Gee, who could have predicted this?

Saving every penny 😀 Every screw and micron of paint, cutting suppliers, ignoring laws. Masterful gambit

Gasp  Fraud?! (Whistleblower said this and many other things years ago. They do the bare minimum. Use used parts. And do sloppy or no checks. Just yesterday I saw a post about steering falling apart because they used screw liquid and not self securing ones

Is that any different from any insurance company?

They are saving every penny for Musk $1 trillion pay package.

youre a special kind of stupid, the compensation is in stock and not in cash, they arent even issuing new stock

Yes, it is different than some others. Other insurance companies also insure lower risk cars (cars with lower death rates and better repairability). They have a wider pool, and/or some of them won’t gamble on the worst culprits (like Cyertrucks). So, to remain solvent, not all have to break the AZ law explained in the article.

You were doing so well until you said "they arent even issuing new stock", what do you even take that to mean in any significant way? A stock in treasury vs a newly made share is barely any different they were both issued at some point.

Loctite instead of torque to yield or deformed nuts? If that’s a repair done by Tesla that’s not to OE specs that a huge liability issue. Not that they seem to care.