With Tesla accepting “operational liability” for these vehicles, the company is now exposed to product liability claims that aren’t covered by auto insurance. And unlike auto insurance claims, these lawsuits now include the potential for punitive damages — which are not covered by insurance.
Not as it was explained to me. It records all traffic video from all cameras for a number of minutes prior to the accident. This includes the in-car camera and audio. It knows what seats were occupied, what positions the brake pedal and steering wheel were in, and all sensors.
“With Tesla accepting “operational liability” for these vehicles, the company is now exposed to product liability claims that aren’t covered by auto insurance. And unlike auto insurance claims, these lawsuits now include the potential for punitive damages — which are not covered by insurance.”
This is a good thing.
Tesla is taking on a lot of risk—and we get to watch and see what happens.
If they survive it we all benefit.