this post was submitted on 11 Jun 2025
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Around 10 French clients with leases on Teslas are suing the US carmaker, run by Elon Musk, because they consider the vehicles to be "extreme-right" symbols, the law firm representing them said on Wednesday.

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[–] Agent641@lemmy.world 4 points 19 hours ago

I bought a whirling log, and they gave me a swastika!

[–] KazuyaDarklight@lemmy.world 218 points 2 days ago (3 children)

Ok, this doesn't sound too crazy in context.

They aren't owners, they are suing to be released from their lease contracts because they feel they suffered "direct and concrete" damage from the way Teslas are now associated with "Elon Musk's actions".

[–] NotJohnSmith@feddit.uk 5 points 16 hours ago

I agree, it's a step beyond the little sticker on the back of the car.

I'd do the same if I had one but pedoguygate switched me off the brand and it's never been the direction that I wanted to see EVs go (look I have a button that makes the car/range go down really fast. I also don't think talk of range without reference to battery size is helpful)

[–] gian@lemmy.grys.it 2 points 16 hours ago

They aren’t owners, they are suing to be released from their lease contracts because they feel they suffered “direct and concrete” damage from the way Teslas are now associated with “Elon Musk’s actions”.

As long as they agree to return the car...

[–] WhatAmLemmy@lemmy.world 51 points 2 days ago* (last edited 2 days ago) (2 children)

Of course it's not crazy. The CEO went all in on being a fascist piece of shit, and brazenly open drug addiction, which has directly damaged the assets of all of his businesses, their customers assets, and the entire brands.

If, within the next 5 years, Elon isn't billions in debt and destitute, that's how you know we all live in corporate dictatorships masquerading as "democracies".

[–] Vinstaal0@feddit.nl 1 points 18 hours ago (1 children)

Why would he be in debt though, the depreciation of the goodwill will not cause him to be millions in debt, just that the company would sell for less. There isn't a lot of ground to sue Elon sadly, you can sue Tesla for things like this though and there are probably some other things you can sue either Musk or Tesla, but even if you sue Tesla in the ground Musk wouldn't go into debt from it. Most likely case is that his assets are in a holding company anyway.

The US is a corrupt country and a lot of people are defending it or otherwise funding the corruption. Like why can't we see the annual reports of the companies these billionairs own?

[–] Knock_Knock_Lemmy_In@lemmy.world 5 points 18 hours ago (1 children)

Musk has pledged $62.5 billion in Tesla stock as collateral for margin loans of $12.5 billion.

Giacomo Santangelo, a senior lecturer in economics at Fordham University said “A 20% stock decline on a 60% loan-to-value loan means the borrower must immediately post additional collateral or face forced liquidation. This creates cascade risk, where small declines trigger margin calls, forcing either more pledging or open-market sales, putting more pressure on the stock.”

https://www.forbes.com/sites/eriksherman/2025/06/05/does-elon-musks-borrowing-show-a-super-low-tesla-stock-valuation/

[–] Vinstaal0@feddit.nl 2 points 17 hours ago (1 children)

Ow right, I forgot the US is a corrupt nation and allows bullshit like this.

Then again, it is most likely his personal holding/company which has the loans and stock and he has 100% of the shares in that company which will go bankrupt if his loans ever default(? I think that;s the right word?).

[–] Knock_Knock_Lemmy_In@lemmy.world 2 points 16 hours ago

Yes. His financial advisors have probably limited his liability. He can lose the value of his holdings, but is unlikely to go into debt himself.

[–] TheFriar@lemm.ee 14 points 2 days ago

I feel like we all very, very clearly knew it already.

[–] glimse@lemmy.world 75 points 2 days ago

If your Nazi landlord put up a sign in the front yard that says "THIS RENTER GIVES MONEY TO NAZIS," you'd probably want to end your lease, too

[–] supakaity@piefed.blahaj.zone 23 points 2 days ago

I mean I can relate.

I sold my car at loss because I couldn't abide the fascist shit he was flinging around everywhere.

Despite loving the car itself, I couldn't love myself owning it and being a moving advertisement for him.

I still hate that I gave money to fund a person's decline into being a drug addled, woman hating, Russia supporting, stingy-assed, election rigging, right wing megalomaniac.

[–] someguy3@lemmy.world 44 points 2 days ago (2 children)

They feel they suffered "direct and concrete" damage from the way Teslas are now associated with "Elon Musk's actions", the GKA law firm said.

They are demanding the Paris commercial court order their lease contracts be terminated and legal costs reimbursed, it said in a statement

As funny as this is I can't see it going anywhere.

[–] takeda@lemmy.dbzer0.com 51 points 2 days ago* (last edited 2 days ago) (4 children)

Maybe not, but there's some merit to it. Initially it was a highly desirable car, now one is ashamed to be in because owner is a Nazi. Another problem is that there's much higher risk that someone else will damage it (again, because of the owner).

[–] Gladaed@feddit.org 22 points 2 days ago

Also: this was not accidental but a willful decision made by the company. If they did just Boeing it you would not have a case.

[–] cyrano@lemmy.dbzer0.com 7 points 2 days ago

That should increase the insurance premium and therefore the lease as well due to the risk

[–] Grimy@lemmy.world 6 points 2 days ago

Ya, I'm guessing insurance costs have risen and that definitely comes into play.

[–] Cruxifux@feddit.nl 3 points 2 days ago

There’s absolutely merit to the idea, but probably not merit legally. But who knows, legalities are labyrinthine and stupid and vary from country to country.

[–] Gladaed@feddit.org 7 points 2 days ago (1 children)

Why? This was not something people must have expected due to it being obvious and there is also plain and obvious harm done to them.

[–] kerthale@lemmy.world 23 points 2 days ago (1 children)

Dear France, never change.