Toulouse (France) (AFP) – A dozen Teslas were torched in France in what authorities are treating as an arson attack, the prosecutor’s office said Monday.

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  • tal@lemmy.today
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    5 hours ago

    If the finances there work the way I expect they do, if it was political activists upset about Elon Musk who burned the cars, that probably doesn’t have a lot of negative impact on Elon Musk.

    My guess is that the dealership owned the cars, and that they’re probably insured on top of that. The insurer pays. So the net effect is going to be a tiny amount of upwards pressure in French auto insurance costs. The dealership will use insurance money to go buy replacement Teslas. Thus, Tesla will get several more sales, paid for by the French public.

    • Saleh@feddit.org
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      21 minutes ago

      That only holds true, if no more than a tiny amount of Teslas in dealerships start burning. However if many start burning, insurance will drop coverage, dealers will look to sell other cars, and Tesla will loose serious revenue.

    • Lumiluz@slrpnk.net
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      4 hours ago

      Why did the dealership buy more Teslas with that money instead of a different brand?

        • Lumiluz@slrpnk.net
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          2 hours ago

          Oh right, I forgot they mostly do that in the USA don’t they? Don’t know if France does, but Finland has multibrand dealerships

          • HikingVet@lemmy.ca
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            57 minutes ago

            Well, for some dumb reason we followed the american model for dealerships in Canada.