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.”

  • w3dd1e@lemm.ee
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    6 days ago

    Semi-unrelated but insurance as a whole is bonkers right now and I’m not sure how much the average person knows. I work on commercial real estate. The whole industry is having to review tons of insurance waiver requests because insurance in some properties is out of control. Business either can’t get it for can’t afford it. Especially, in flood zones. I’m actually kind of worried about the damage these hurricanes are doing in the US. Not just in the lives lost, which is devastating, but also the financial damage of all the uninsured losses.

    • skozzii@lemmy.ca
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      6 days ago

      Climate change is clearly a hoax, the Republicans were right all along!

      /s

    • interurbain1er@sh.itjust.works
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      6 days ago

      If an event chance is too high the cost of insurance increase to a point where it stops making sense.

      If every house in an area is 100% guaranteed to get at least one flood event over a 5 years period, that means that every 5 years the insurer need to get in enough money to rebuild all houses, so the cost of insurance will be more than 1/5th of value of a house per year (plus operating cost, profit, and so on). There’s no other way, it’s just maths.

      Ok, the actuarial math is more complex but it boils down to getting enough cash in to pay for claims and pay the operating cost.

      At a that point people need to realize that if the risk is too high they need to accept it, plan to rebuild every 5 years on their dime, or move.

      Unfortunately people suck at understanding risk.

    • prole@lemmy.blahaj.zone
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      6 days ago

      Sounds kind of like exactly what insurance is for? If you can’t get insurance for a flood zone, then maybe there’s a fucking reason for that.

      • Echo Dot@feddit.uk
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        6 days ago

        The problem is people have gone and built entire cities in unsafe areas. If we were being sensible basically the entirety of Florida should not be occupied, the place is a disaster waiting to happen, or more accurately is a disaster that has already happened, but somehow nobody’s learnt from it.

    • barsoap@lemm.ee
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      That’s not bonkers that’s sanity. If you want to build your house in front of a dike don’t expect to get insurance. The trick is to build in a place where there’s a risk, not certainty, of damage.

      It’s absolutely bonkers. I don’t get how Americans can build houses in leopard enclosures and then act all surprised when, inevitably, their faces get eaten. I know you’re a settler country with little connection to the land but it’s been long enough to know which parts get flooded and which don’t, now hasn’t it. Around here you don’t even get building permits for lots of stuff in places even if you were willing to take on all financial risk yourself because it’d put unconscionable load on disaster relief, and thereby society at large.

      So, there’s two ways to go from where you are: a) Double-down on being Yanks and say “fuck you got mine sucks to be you”, abolish disaster relief and let those rugged individuals fend for themselves, or b) fucking build where it fucking makes sense. It’s not like you’re Singapore or something, you’ve got more than enough land.

      • Echo Dot@feddit.uk
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        6 days ago

        So I had to look online because I don’t know where it is and North Carolina is nowhere near a coastline, so I’m not sure how much the people who live there are to blame.

        • barsoap@lemm.ee
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          6 days ago

          I don’t know where you got North Carolina from, I was speaking in general. Also the place has plenty of coastline. Also you don’t need to live near the coast to live in a flood area, plenty of rivers that can and do flood. In mountainous regions it’s not about building on the right side of the dike, but not at the bottom of the valley, and in the places in between it’s about… well, it’s usually not really about not building in one particular place, but making sure that there’s areas that you can flood to protect areas you want to keep dry. Much cheaper to pay off a farmer for a lost harvest and cleanup than half a million people for losing their homes.

        • wetsoggybread@lemmy.world
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          6 days ago

          North Carolina has a coastline though. Granted the issue this time was that the storm came in from the southwest and hit communities that were completely unprepared for the heavy rain, high winds and flash floods

    • Ghostalmedia@lemmy.world
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      6 days ago

      Climate change is a big reason for the policy denials for property insurance. What wasn’t risky 20 years ago is much riskier today. Data doesn’t lie.

  • brucethemoose@lemmy.world
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    7 days ago

    Could it also be that it’s a $80K-$100K car?

    I have no solid source, but read comments suggesting Geico tends to not insure “exotic” $100K+ luxury vehicles.

    …And I think this is important to remember this when talking about it. The Cybertruck is not a peer of a F-150, but a G-Wagon, a Maserati Levante or whatever.

  • NotMyOldRedditName@lemmy.world
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    7 days ago

    GEICO claiming this isn’t true

    https://www.theverge.com/2024/10/7/24264330/geico-insurance-coverage-cybertruck-cancelled-dropped-policy

    "In an email to The Verge, Geico pushed back. “Geico has coverage available nationwide for the Tesla Cybertruck,” Geico spokesperson Ross Feinstein said. Feinstein did not immediately respond to follow-up questions about individual dropped policies. "

    So maybe it was something VERY specific to this persons use of the truck?

    • r914@lemmy.world
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      6 days ago

      I heard he was renting it out on Turo. That is unconfirmed. I have no source.

      • NotMyOldRedditName@lemmy.world
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        6 days ago

        True or not to this specific situation, in general, that is definitely the kind of reason you might get dropped if you didn’t get the proper insurance.

        • r914@lemmy.world
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          6 days ago

          Yes. If this is true the owner should be happy they did this before trying to make a claim. Often people break the terms of the insurance and then when a claim is made they are denied all coverage.

    • nednobbins@lemm.ee
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      6 days ago

      There’s an odd trend of labeling everyone with even the slightest advantage a, “nepo baby”.

      Nepotism is when you give friends or relatives special consideration for jobs or positions. As far as I know the only job Buffet ever had from a relative was working in his grandfather’s grocery store. The closets I could find for Elon Musk was that he started one of his companies with his brother.

      Elon’s father was an engineer. That certainly put him in a comfortable position, particularly as a white engineer in South Africa but it definitely doesn’t get you recognition from old money families. Buffet went to public school.

      They both had advantages growing up but if we expand nepotism to include people like that, it becomes a pretty meaningless term.

    • sugar_in_your_tea@sh.itjust.works
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      7 days ago

      Wait, how is Warren Buffett nepotistic? He’s giving the vast majority of his wealth to charity. He gave his kids each $17.5M to start their organizations, and then donated like $5B total to their organizations once they proved their management skills. But he pledged to give away most of the rest (almost $100B), and has already given away about $50B (latest pledge is 99% of his assets).

      I really don’t see him as nepotistic, he’s pretty much the best kind of billionaire.

      • Glytch@lemmy.world
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        7 days ago

        Buffett himself is a nepo-baby. His father was a congressman who’s connections were very helpful when starting out in business and investing.

        Sure it isn’t Emerald mine money, but you can’t tell me being the son of a 4-term congressman didn’t give him a leg up.

          • Glytch@lemmy.world
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            5 days ago

            You’re underestimating the effect of his father knowing the right people. Yes, there was no “small million-dollar loan” and yes Warren actually hustled quite a bit to capitalize on the advantages given to him by his father, but that doesn’t erase those advantages when talking about his success.

            Hard work is not the thing that got him where he is. If it were there are millions of people working multiple who should also be billionaires. Or, better yet, no one should be a billionaire at all and we make it so people don’t have to work multiple jobs to survive, but I digress.

          • celsiustimeline@lemmy.dbzer0.com
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            6 days ago

            Ahh yes. Billionaire was just a hard worker. Bro, he’s literally a professional investor. Aside from looking up data that literally anyone with an internet connection can find, he doesn’t do actual work. Investing isn’t a job. Also, that timeline is pathetic. A 9 year old could have written that and it’s just on some fool’s ugly ass blog. It proves literally nothing.

            • sugar_in_your_tea@sh.itjust.works
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              6 days ago

              Look at his history. He started out selling gum and candy to kids at school, then took increasingly demanding jobs (delivered newspapers and whatnot) until he went to college, after which he worked for his professor (IIRC, I don’t recall specifics).

              And he never was a day trader, so he’s not the type that’s making money on the margins off other traders, he’s actually investing and sometimes buying a controlling stake in companies that he believes in. If you look at his lifestyle, he very much doesn’t look like your typical billionaire, he lives in the same house he bought in his 20s, and generally lives a pretty modest life, especially given his wealth. Yeah, he makes a ton at his job, but he seems to be doing it because he loves his work, not because he loves money.

              In my mind, he’s basically the best possible example of a billionaire. He didn’t do much of anything shady to get rich, he worked hard in his youth and invested wisely the rest of his life. And he started a pledge for other billionaires to donate the vast majority of their wealth, leading by example by giving away half of his wealth to drop from #1 to #2, and now to #10 or so.

              If you’re going to criticize billionaires, start with Gates, Bezos, Musk, Trump, or Zuckerberg, not Buffett. Buffett is about as ethical of a billionaire as you can get, and while there’s room to criticize him, he should be nowhere near the top of the list.

              • sunzu2@thebrainbin.org
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                6 days ago

                I hope you get paid for this becuase this hellava shilling by one adult for the benefit of another adult man

                Jfc… The bootlicking, never seen anyone do it this strong on fediverse.

                It is a tankie strategy too, just keep repeating falsehoods with home it resonates with somebody since clearly people ain’t buying it

            • Soggy@lemmy.world
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              7 days ago

              They have to believe in meritocracy, that wealth isn’t intrinsically tied to exploitation and a long history of classism.

      • sunzu2@thebrainbin.org
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        7 days ago

        Warren buffet is literally a senator’s son… CCR has a song on the topic ;)

        He gave his kids each $17.5M to start their organizations, and then donated like $5B total to their organizations once they proved their management skills.

        Literally this what nepotism looks like… 17m is prolly just enough not to get eaten by estate tax.

        You are confusing estate planning with charity.

        But he pledged to give away most of the rest (almost $100B), and has already given away about $50B (latest pledge is 99% of his assets).

        Without reviewing the structures, this is just a trust me bro

        Use some critical thinking? And a bigger question why are you worshiping some gereatric nepo baby enough to try to defend him with propaganda that he paid a lot of money to get into your head.

        • sugar_in_your_tea@sh.itjust.works
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          7 days ago

          Without reviewing the structures, this is just a trust me bro

          You can literally see the donation of $48B. The pledge itself isn’t legally binding, but he has been consistently donating. He’s 94, so I don’t think it’ll take long to see the proof in the pudding.

          Here are some notes from his Wikipedia page:

          In 2008, Buffett was ranked by Forbes as the richest person in the world with an estimated net worth of approximately $62 billion. In 2009, after donating billions of dollars to charity, he was ranked as the second richest man in the United States with a net worth of $37 billion.

          As of 2023, Buffett has given over $50 billion to charitable causes.

          I will note that the last figure probably includes the money given to his kids’ organizations (not directly to his kids).

          And a quote about inheritance for his kids:

          “I want to give my kids just enough so that they would feel that they could do anything, but not so much that they would feel like doing nothing”

          He has a pretty consistent track record of philanthropy and statements about philanthropy, so I would be really surprised if he changed that in the last few years of his life. I guess we’ll see though.

          why are you worshiping some gereatric nepo baby

          Where did I say I was worshipping him? I’m merely saying I think what he’s doing is admirable and that he doesn’t qualify as a “nepo baby.” If you look into his history, he worked hard throughout his early life to save and invest, and I see no indications that his parents gave him a huge inheritance or kickstarted his career in any meaningful way. Yeah, his dad was a House Rep for 8 years (6 of those consecutive), and here’s a quote about him on his father’s Wikipedia page:

          ‘Unshakably ethical, Howard refused offers of junkets and even turned down a part of his pay. During his first term, when congressional salary was raised from $10,000 to $12,500, Howard left the extra money in the Capitol disbursement office, insisting that he had been elected at the lower salary.’ His wife said he considered only one issue when deciding whether or not to vote for a bill: ‘Will this add to, or subtract from, human liberty?’

          That doesn’t sound like the kind of man to give his son an unfair advantage…

          • Malfeasant@lemm.ee
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            7 days ago

            It’s not charity to give money to an organization you (or friends or relatives) control, it’s a way to keep your assets under your control without having to pay taxes that would otherwise be required.

            • nednobbins@lemm.ee
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              6 days ago

              That would be true if he were secretly using those charities to enrich himself but there’s no evidence of that at all.

              • Malfeasant@lemm.ee
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                5 days ago

                I think you’re missing the point - it’s not that he’s enriching himself - he’s already done that. It’s that the charity carries out his will, not necessarily the will of people who need charities.

            • sugar_in_your_tea@sh.itjust.works
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              7 days ago

              It is if that charity uses the money to help people. So any accusation needs to actually look at the financials of those orgs to see where the money is going.

          • sunzu2@thebrainbin.org
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            7 days ago

            You are poorly educated on the issue and you are citing propaganda he paid for.

            Please do some proper researcher on topic of oligarch charity and what that’s all about.

            I can’t believe in 2024 we still have adults larping this shite. No wonder we got shit sociology-economic conditions and only getting worse…

                • sugar_in_your_tea@sh.itjust.works
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                  7 days ago

                  I haven’t watched the YouTube video (I generally distrust what Reich says), but here’s what I see from the other sources:

                  currentafairs

                  Mentions Buffett once, and only when mentioning the pledge to Gates’ foundation. The article seems to mostly be about the Gates’ foundation taking credit for things they didn’t do. I’ll certainly read through the rest of the article, but it definitely seems to be a criticism of that org, not Warren Buffett.

                  inequality

                  Talks about The Giving Pledge (created by Buffett) and how those who have pledged aren’t donating their money fast enough (i.e. their money is growing faster than their donations). I don’t really see this as an issue, since the problem should correct itself when they die.

                  The article also complains about most donations going to foundations or DAFs, but honestly, when you need to move that much money, that’s probably the most efficient way to do it. So I guess I don’t understand the criticism.

                  apnews

                  This one is about wealthy people avoiding taxes generally. I don’t know how this applies to Warren Buffett, whose wealth is in the US and AFAIK isn’t being hidden in tax shelters like offshore banks or trusts. His tax bill is relatively low (this article claims 0.1% from 2014 to 2018), but I think that’s countered by his statements about increasing taxes on the rich (he is registered Democrat, if that matters to you at all).

                  So I don’t think the issue here has anything to do with Buffett himself, the issue is the tax law doesn’t account for unrealized gains. Or in other words, don’t blame the player, blame the game. The closest Buffett gets to tax shelters is his stock donations to his kids’ foundations, but my understanding is that those are charitable orgs, so I don’t see a ton of difference there vs donating to other orgs like the Bill and Melinda Gates Foundation, which he has donated way more to vs his kids’ orgs.

                  My personal view here is that any compensation above some amount (say, $400k) regardless of source should be taxed at the current rates, and those assets stepped up in basis appropriately. I don’t like Harris’ proposal though because it’s based on wealth instead of income, but I think Buffet himself would approve a change here. If we handled it that way, the income from stock grants and whatnot for extremely highly compensated employees (like a CEO) would end up being taxed as income (short term gains), and therefore would be functionally equivalent to a cash salary, which is what it’s intending to be.

  • The Pantser@lemmy.world
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    8 days ago

    Why are insurance companies the ones making the rational decision about saying it’s a dangerous piece of shit and not our transportation regulators? It needs to be banned.

    • catloaf@lemm.ee
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      8 days ago

      I don’t see anything in the article suggesting it’s particularly dangerous, only that it’s very expensive to fix, and in a collision will probably cause significant damage to the other vehicle (though that doesn’t mean it’ll necessarily cause injury).

      The US doesn’t exactly approve or deny vehicles in general; any vehicle that conforms to the Federal Motor Vehicle Safety Standards can be sold, as far as I know. And I don’t see any section that covers safety of the other party in a collision, unfortunately. Maybe write your reps and suggest they add one.

      • Kazumara@discuss.tchncs.de
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        7 days ago

        The US doesn’t exactly approve or deny vehicles in general; any vehicle that conforms to the Federal Motor Vehicle Safety Standards can be sold

        Sorry, I’m not getting the distinction here. Isn’t a vehicle that conforms to the FMVSS the same as one that is approved?

        Or is the check against FMVSS is not done ahead of time, but only later in any lawsuits?

        • helpImTrappedOnline@lemmy.world
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          7 days ago

          Conforming = here’s a guide book. Follow it and we won’t bother you unless there’s an issue.

          Approval = please submit every model/trim you release to our inspection/test facility for approval.

          One requires a lot more people going back and forth between the manufacture and government than anyone wants.

    • partial_accumen@lemmy.world
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      8 days ago

      I don’t think insurance companies care of the trucks are dangerous per se. They care if they are expensive to repair, or prone to accidents which could attach liability to the policy holder and thereby the insurance company.

      • Nollij@sopuli.xyz
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        7 days ago

        The weird thing about this claim is that these aren’t deal breakers. It’s possible to get insurance for exotics like McLaren or Bugatti (although no idea if GEICO does those); it just costs a lot.

        I’d really like to hear more about those underwriting standards.

      • Katana314@lemmy.world
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        8 days ago

        I keep telling conservatives this. It makes sense to have some form of suspicion around a message when some corporation has a profit motive behind it. For instance, climate change and companies selling solar panels (although I wish they wouldn’t put SO much effort into that faint connection).

        However, that also applies for the inverse - that when insurance drops coverage for Florida homes, it’s because climate change is real and they know it will hurt their bottom line.

    • n2burns@lemmy.ca
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      8 days ago

      Because insurance companies are filled with bean-counters (not intended as an insult, I’m a bean-counter in a different field) who want to come out ahead. That’s why the Insurance Institute for Highway Safety (IIHS) exists. You’d think organization that does crash tests and promotes new technology would be a government organization, but nope, it’s insurance providers that want to minimize payouts.

  • givesomefucks@lemmy.world
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    8 days ago

    Pretty sure they were one of the last major companies that would…

    Even if warranty pays for repairs to it, if it damages anything else the insurance still has to pay.

    The article mentions multiple examples of them just randomly shutting down during operation. That’s already bad. But this is going to be it’s first winter, it’s not surprising insurers don’t want to deal with it. They deal with large numbers, it’s not a question of “if” like an individual owner, its “when” for the insurer

      • partial_accumen@lemmy.world
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        8 days 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?

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          8 days 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
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            8 days ago

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

          • Lets_Eat_Grandma@lemm.ee
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            8 days 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.

        • grue@lemmy.world
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          8 days 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
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            8 days ago

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

            • grue@lemmy.world
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              8 days 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
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                8 days 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.

        • Serinus@lemmy.world
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          8 days 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
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            8 days 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.

    • helenslunch@feddit.nl
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      8 days ago

      The article mentions multiple examples of them just randomly shutting down

      Which is really strange considering they don’t pay anything for that…?

      • ayyy@sh.itjust.works
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        8 days ago

        The go pedal and the steering wheel are equivalent to a keyboard/mouse and are not physically connected to anything. If the car shuts off, the wheels go where they feel like with absolutely no driver control.

        • Auli@lemmy.ca
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          7 days ago

          Never thought of they how would you brake if the car shutoff.

        • helenslunch@feddit.nl
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          7 days ago

          That’s absolutely not how that works. There is no such thing as “off” for this vehicle. It can mean any number of things. There are also several redundancies built in. Airplanes full of hundreds of passengers thousands of feet in the air are also flown without mechanical controls but society seems to accept that that’s okay?

          • Kalysta@lemm.ee
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            7 days ago

            Have you looked at the cybertruck’s manufacturing practices? Airplanes have redundancies for their redunancies and that’s why people use them. The cybertruck was built with the “go fast and break things” model, does not have redundancies, and actually removed some standard safety features found in every other car. Like tempered glass.

            Comparing a cyber truck to an airplane is like comparing a pinewood derby car to a military personnel carrier. One was made by a child. The other is engineered to keep as many soldiers alive as possible.

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            7 days ago

            Did you really just draw an equivalency between Tesla’s software practices and the aerospace industry? Even Daddy Musk isn’t stupid enough to pretend those are the same.

            Also your assertion that there is “no such thing as off” blatantly displays your horrible lack of understanding that distributed computing still relies on electricity.

            Edit: since Tesla is apparently the same thing as Airbus, can you point me to the source code published by the relevant regulatory body that controls the Cybertruck’s steering mechanism?

            • helenslunch@feddit.nl
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              7 days ago

              Do you really just not understand the difference between an analogy and an equivalency?

              Also your assertion about computation and electricity displays your horrible lack of understanding of the concept of redundancies.

              If you have evidence that there was a complete lack of power to any and all systems, please do present it, but I’m very confident that you don’t, so please come off it.

              • ayyy@sh.itjust.works
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                7 days ago

                Yes, I fully understand the difference between analogy and equivalency. You claimed that fly by wire on an aircraft is exactly as safe and redundant as the steering wheel of a Tesla vehicle. That’s called an equivalency and is a demonstrably false statement. I never claimed that there were no redundancies to the power supplies, but it’s simply not relevant. You do understand that there are different regulations and rigors applied to an aircraft compared to a crappy car that hasn’t even passed any crash safety testing and hasn’t been certified by any engineering standards bodies, right?

                • helenslunch@feddit.nl
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                  7 days ago

                  You claimed that fly by wire on an aircraft is exactly as safe and redundant as the steering wheel of a Tesla vehicle.

                  I did not. You just pulled that out of your ass. I don’t have time for bad faith arguments. Good night.

        • helenslunch@feddit.nl
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          7 days ago

          I don’t know how you got to the assumption that they all broke down in the middle of a freeway?

          • lazynooblet@lazysoci.al
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            7 days ago

            I don’t know how you got to the conclusion that OP was saying “all” and not being hypothetical.

            • helenslunch@feddit.nl
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              7 days ago

              Because hypothetical is a pointless and irrelevant discussion, and isn’t exclusive to the Cybertruck.

              • lazynooblet@lazysoci.al
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                7 days ago

                According to this comment thread and the article, these cars have abruptly stopped functioning with no warning. Do you not think it is only a matter of time before that occurs in a dangerous situation? Insurance companies base their decisions on statistics and probabilities. It is very much related to “hypotheticals”.

                • helenslunch@feddit.nl
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                  7 days ago

                  Do you not think it is only a matter of time before that occurs in a dangerous situation?

                  I literally just explained this in the comment you replied to.

                  It depends on what it means by “stopped functioning”. It could mean any of a hundred different failures. Did the screen shut off? Did it slam on the brakes at 60mph? Did it lose propulsion, and can simply be rolled off the road?

                  Once again, this is not remotely the first time cars have had issues like this and never before were their insurance policies canceled for something that never happened.

                  In other words, this ain’t it.

          • MasterCommander@lemmy.world
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            7 days ago

            No one is saying it’s actually happened. It is a fact though that they are shutting down while driving which introduces a higher risk of it happening which the insurance companies don’t want to take.

            • helenslunch@feddit.nl
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              7 days ago

              That’s my point. Unless it’s actually happened, you’re completely blowing things out of proportion, and most likely does not explain this situation.

              This isnt the first vehicle to ever break down on the highway…

  • Pogogunner@sopuli.xyz
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    8 days ago

    More importantly, Anderson has eight vehicles. GEICO is only choosing to terminate the insurance coverage from Cybertruck and is actively pursuing renewal of his vehicle coverage for the rest. This leaves no doubt that GEICO’s issue is directly related to the Tesla Cybertruck and not to Anderson or other factors.

    Why would someone own 8 vehicles?

    Robert added, “It makes no sense, as there are other, riskier cars out there. Let me know if you recommend any insurer for the truck. I have eight cars with an amazing record. I will be canceling my entire Geico policy!! Bye-bye!”

    I can’t think of a vehicle that is more likely to be a risk to others than the Cybertruck. I’m sure insurance adjusters see how people use Tesla FSD in spite of its shortcomings. The truck is heavy as hell and breaks in all sorts of ways others vehicles don’t.

    • Malfeasant@lemm.ee
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      6 days ago

      Why would someone own 8 vehicles?

      My uncle was like that - he was a contractor and realtor. He had several work trucks, each for a specific purpose, plus one general purpose, and half of them had snowplows of various sizes. Most of them had something wrong with them that didn’t interfere with their specific purpose, but would have been a pain to deal with daily. Only new one was a minivan for driving clients to sites… Then he bought a house closer to town that had a flatbed truck left on it…

    • Zak@lemmy.world
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      8 days ago

      Why would someone own 8 vehicles?

      Car collectors exist, and I have the impression quite a few of them are among the Cybertruck’s early adopters.

      • CarbonIceDragon@pawb.social
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        8 days ago

        Honestly, a car collector is probably the best kind of person to have one I’d bet, given that they now exist out there. They don’t seem terribly safe for pedestrians and others to have around, so it they’re going to be out there in individuals hands, them being kept parked in some guys garage as some weird curiosity vehicle of the 2020s is probably better than being driven around on the daily as a pointy oversized commute vehicle

    • snooggums@lemmy.world
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      8 days ago

      Why would someone own 8 vehicles?

      Why does anyone have anything? If they can afford to collect the things they are interested in, they will have many of those kinds of things.

      • ayyy@sh.itjust.works
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        8 days ago

        What if they’re interested in naked pictures of children?

        I use an extreme example to point out that “the market will provide” is a terrible argument for the existence of anything.

        • theherk@lemmy.world
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          8 days ago

          The gulf of difference kind of undercuts your point in this case. One is undoubtedly immoral and illegal. And it doesn’t change that part of the answer why somebody would have either is because they want that, which says nothing about it being a good thing.

          • ayyy@sh.itjust.works
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            8 days ago

            Mining several normal human lifetimes of metals and resources (and the CO2 released into the atmosphere in order to gather those materials) just for something to sit around unproductively is obviously immoral so I don’t understand the relevancy here.

            • theherk@lemmy.world
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              7 days ago

              Oh I wasn’t even disagreeing with you. I was just saying that your example may undercut your point. I use extreme examples too, but it only works well when the analogy is solid throughout. In this case I don’t think they are as comparable as you do. That’s all.

    • Billiam@lemmy.world
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      8 days ago

      Also, there have been no independent crash tests done so no insurance company can accurately assess the risk, so this is wholly unsurprising.

      Tesla have allegedly done their own crash tests, but they still have not released the data. It’s kinda what you’d expect when a government-regulation-hating techbro designs a “I got mine fuck you” vehicle.

      • NuXCOM_90Percent@lemmy.zip
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        8 days ago

        If Geico, and presumably soon others, are angering the chuds by refusing to insure this, independent crash tests definitely occurred and they were not favorable.

        You don’t have to be an obnoxious YouTuber to crash a car.

        • Billiam@lemmy.world
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          8 days ago

          If Geico, and presumably soon others, are angering the chuds by refusing to insure this, independent crash tests definitely occurred and they were not favorable.

          When I said no independent crash tests had been performed, I was specifically referring to the IIHS since they’re the only ones who opinion really matters and they’ve stated they have not tested any Cybertruck. But yes, regardless of whether Tesla’s internal crash tests were performed by their staff or some other testing lab, the fact that they’re sitting on the results clearly indicates that they know just how poorly the crumplezone-less sharp-edged quality-uncontrolled ketaminemobiles fare.

        • Billiam@lemmy.world
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          8 days ago

          To be clear, I don’t know if that’s why GEICO is cancelling policies on Cybertrucks, but I’d bet heavily it’s a contributing factor. It could be that they decided the risk was worth it, until the trucks actually started coming out and the sheer number of recalls due to shitty manufacturing was just too much.

      • Auli@lemmy.ca
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        7 days ago

        The cyber truck has no crumble zones. I’d like to see Tesla’s tests.

        • Billiam@lemmy.world
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          7 days ago

          Cody Johnston did a vid about the Cybertruck on his most recent episode of Some More News. He starts talking about the crash test Tesla did (with video) around the 8:45 mark.

      • GraniteM@lemmy.world
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        7 days ago

        I thought that was the sort of thing that the government mandated companies had to do in a controlled and transparent fashion. I wouldn’t have thought that the NTSB would allow a vehicle to be registered without a thoroughly vetted crash testing procedure.

        • Billiam@lemmy.world
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          7 days ago

          Apparently “rare” or “limited-release” vehicles don’t get tested. Which means the Cybertruck will probably never get tested 😂

    • bluewing@lemm.ee
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      7 days ago

      I would assume he’s either a car collector or he owns a small fleet of work vehicles for his small business, (like a plumbing business or such).

    • grue@lemmy.world
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      8 days ago

      Why would someone own 8 vehicles?

      Because he’s a car enthusiast with a problem.

      (Source: I own six.)

      • XeroxCool@lemmy.world
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        8 days ago

        Kinda funny how it sneaks up on you when you get the space. I have 7 vehicles split between my wife and I. Most of them were bought at bottom of the market. People act like I must be wealthy as they drive a new suv worth $20 more than my fleet. I could replace the whole spread for like $30k. I’ll add the qualifier that 2 are motorcycles and I’m totally, definitely, working on selling my prior daily. But $3k isn’t exactly life-changing. I imagine this is a fuckcars zone but it’s a hobby for people. Every hobby is destructive. It’s not like car enthusiasts are driving multiple cars at a time, so the fuel consumption over time is normal. And the thirstier cars tend to be broken more often!

        • grue@lemmy.world
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          7 days ago

          I imagine this is a fuckcars zone but it’s a hobby for people.

          More than you know: even I use a bicycle as my daily-“driver,” LOL!

          Of the six cars I have, only one isn’t an old, unreliable project car and/or two-seater. Even then, I only have that because my parents essentially forced it upon me. (They have some kind of silly hang-up about having a cargo bike be my sole means of transporting the kids, other than public transit.)

          Perhaps ironically, good urbanism is what gives me the freedom to treat cars as a hobby instead of a necessity, and I firmly believe that’s the way it ought to be. It’s a lot like how people can be into horses while also still understanding that it’s a dumb idea to commute to work on horseback.

    • helenslunch@feddit.nl
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      8 days ago

      I can’t think of a vehicle that is more likely to be a risk to others than the Cybertruck.

      A Hummer for sure.

      Also most pickup trucks when you consider frontal visibility. I mean there are just an endless number of ways to measure and weigh safety.

      • Sweetpeaches69@lemmy.world
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        7 days ago

        Just look at the front “bumper”. It’s triangular, and made of metal. If it hits a pedestrian, unlike other cars that try to bump and deflect the pedestrian up onto the hood, the Cybertruck will cut the pedestrian in half with that angle. Also, because it’s metal, there is NO give. That could even be dangerous to other cars, let alone pedestrians and cyclists.

        That’s just one aspect, though. You got 3 others from another commenter, making the Cybertruck tonight’s biggest loser.

      • Pogogunner@sopuli.xyz
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        7 days ago

        Heavier (6,898 pounds compared to 5,540 for the F-150), lithium fire risk, inattentive drivers using the FSD

        This is all on top of how dangerous American trucks have become to others

        • snooggums@lemmy.world
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          7 days ago

          Don’t forget the cybertruck body panels are basically dull knives due to being flat sheets instead of curves where they are joined.

  • Zier@fedia.io
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    8 days ago

    Makes sense. It’s not a truck, car or SUV, it’s a cosplay vehicle. Lego vehicles from the toy store will outlast this shitshow.

  • Konala Koala@lemmy.world
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    7 days ago

    Now that little gecko who works for GEICO will probably tell you “You can save a load of money by switching to GEICO, and its so easy a caveman can do it, but we refuse to insure that abomination you call a Tesla Cybertruck that needs to be road illegal everywhere”