this post was submitted on 29 Aug 2025
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[–] mesamunefire@piefed.social 38 points 1 month ago* (last edited 1 month ago) (1 children)

Well they have to pay 200+ million. So im not sure if "get away" is the right word. But I get the sentiment. Its a tragedy.

"It took the jury less than a day of deliberation to find Tesla 33 percent liable for the crash and responsible for $243 million in punitive and compensatory damages."

[–] Whitebrow@lemmy.world 49 points 1 month ago (3 children)

Almost 100 billion revenue last year.

250 million of 100 billion is what… 0.25%?

Yeah. That’s nothing to them.

[–] int32@lemmy.dbzer0.com 39 points 1 month ago (1 children)

it never is. fines should be a percentage of the value of the company, not just some sum.

[–] Attacker94@lemmy.world 8 points 1 month ago (1 children)

Value can easily be manipulated, it really should be based on 15% ish of their gross income

[–] 123@programming.dev 2 points 1 month ago (1 children)

Or value, or XYZ whatever is largest.

[–] Attacker94@lemmy.world 2 points 1 month ago

In theory I agree, in practice I despise laws that are needlessly wordy, and including a whichever is larger clause will add on an unnecessary element since gross income can only be abused with tax credit shenanigans which aren't very over the top, and if I had my way wouldn't exist at all(fairy tale I know)

[–] eierkuchen@sh.itjust.works 6 points 1 month ago

Well, net income already had plummeted 52% then. Let's see 2025 figures. Sales are down, down, down..

[–] onslaught545@lemmy.zip 3 points 1 month ago (2 children)

You'd need to do the math on net profit. Gross revenue is a pretty meaningless figure on its own.

[–] JohnEdwa@sopuli.xyz 12 points 1 month ago (1 children)

Want to fine Twitter 10% for something horrible they did in 2020 using their net profit? You now owe Twitter 113 million.

[–] despoticruin@lemmy.zip 2 points 1 month ago

That's why they said revenue, not profit. You never go for the net. Always go for the gross.

[–] bisby@lemmy.world 7 points 1 month ago

Or, y'know, don't do illegal things and it doesn't matter. That's the point of fines being a deterrent