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Tesla said it didn’t have key data in a fatal crash. Then a hacker found it.
(www.washingtonpost.com)
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this post was submitted on 29 Aug 2025
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Almost 100 billion revenue last year.
250 million of 100 billion is what… 0.25%?
Yeah. That’s nothing to them.
it never is. fines should be a percentage of the value of the company, not just some sum.
Value can easily be manipulated, it really should be based on 15% ish of their gross income
Or value, or XYZ whatever is largest.
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)
Well, net income already had plummeted 52% then. Let's see 2025 figures. Sales are down, down, down..
You'd need to do the math on net profit. Gross revenue is a pretty meaningless figure on its own.
Or, y'know, don't do illegal things and it doesn't matter. That's the point of fines being a deterrent
Want to fine Twitter 10% for something horrible they did in 2020 using their net profit? You now owe Twitter 113 million.