1437

GEICO, the second-largest vehicle insurance underwriter in the US, has decided it will no longer cover Tesla Cybertrucks. The company is terminating current Cybertruck policies and says the truck “doesn’t meet our underwriting guidelines.”

you are viewing a single comment's thread
view the rest of the comments
[-] partial_accumen@lemmy.world 84 points 2 months ago

Class action lawsuits are gonna be a mother fucker

Part of the purchase agreement of a Tesla agreeing to binding arbitration. This means no class action suit. You can opt out of this within the first 30 days, but you have to send a letter requesting it.

How many Tesla owners do you think do that?

[-] catloaf@lemm.ee 50 points 2 months ago

That assumes the court finds that enforceable. Usually they do, but a few times recently, they've said it's not.

[-] gramie@lemmy.ca 55 points 2 months ago

That's one of the nice things about the law in Quebec. Binding arbitration clauses are illegal.

[-] grue@lemmy.world 2 points 2 months ago* (last edited 2 months ago)

Je devrais demeneger a Montreal.

[-] gramie@lemmy.ca 1 points 2 months ago* (last edited 2 months ago)

*Je does

"doivent" is third-person plural (they, not I)

Oh, and I didn't notice that autocorrect changed my French to English. Should be"dois" or, as you say, "devrais" for the conditional.

[-] grue@lemmy.world 1 points 2 months ago

Whoops, I really meant "devrais."

[-] Lets_Eat_Grandma@lemm.ee 16 points 2 months ago

I mean in trumps court of law musk can’t lose.

If dumpy wins, for sure no class action.

If dumpy loses, his Supreme Court will still side with the conservative side anyway, so probably still no class action.

[-] bluGill@fedia.io 22 points 2 months ago

i don't own a tesla, so if their cars injure me I can sue them*

[-] Serinus@lemmy.world 13 points 2 months ago

Steam recently removed their arbitration clause, largely because paying for a thousand arbitration cases is worse than dealing with a class action.

[-] locuester@lemmy.zip 16 points 2 months ago

I’ve heard that death by 1,000 arbitrations is a good way to make em regret it. Glad to see it’s true.

[-] Kalysta@lemm.ee 1 points 2 months ago

Which is what Musk is looking at happening.

Between cybertruck and twitter, dude’s gonna bankrupt himself.

[-] grue@lemmy.world 4 points 2 months ago

Wow, I never thought I'd find an actual good argument for keeping independent car dealers as middlemen instead of allowing first-party sales, but here we are.

[-] ayyy@sh.itjust.works 1 points 2 months ago

Can you connect the dots for me? Third party dealers always have idemnity? clauses anyways.

[-] grue@lemmy.world 1 points 2 months ago

Presumably anything you'd agree to while buying from an independent dealer would be between you and the dealer, not you and the manufacturer, right? I don't understand how the manufacturer would be a party to the transaction.

(It might be that I'm naive about how modern car sales work.)

[-] ayyy@sh.itjust.works 2 points 2 months ago

I’m pretty clueless too, but to me your assertion doesn’t hold up to the concept of recalls.

The true answer is probably that we’re both wrong and the answer is that as a consumer: you lose, fuck you. Also fuck your family dog.

[-] DancingBear@midwest.social 2 points 2 months ago

John Wick enters the chat

[-] JiveTurkey@lemmy.world 1 points 2 months ago

This didn't work for valve so I can see it also going poorly for Tesla.

this post was submitted on 06 Oct 2024
1437 points (93.6% liked)

Technology

60105 readers
2038 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS