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.”

    • partial_accumen
      link
      fedilink
      English
      821 day 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?

      • @[email protected]
        link
        fedilink
        English
        481 day ago

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

        • @[email protected]
          link
          fedilink
          English
          531 day ago

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

            • @[email protected]
              link
              fedilink
              English
              1
              edit-2
              15 hours 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.

        • @[email protected]
          link
          fedilink
          English
          191 day 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
        link
        fedilink
        231 day ago

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

      • @[email protected]
        link
        fedilink
        English
        131 day ago

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

        • @[email protected]
          link
          fedilink
          English
          17 hours ago

          Which is what Musk is looking at happening.

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

        • @[email protected]
          link
          fedilink
          English
          161 day 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.

      • @[email protected]
        link
        fedilink
        English
        41 day 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.

        • @[email protected]
          link
          fedilink
          English
          11 day ago

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

          • @[email protected]
            link
            fedilink
            English
            124 hours 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.)

            • @[email protected]
              link
              fedilink
              English
              224 hours 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.