I think OP's point is - the fine is not large enough to impact Tesla's stock price - which is all Tesla cares about.
It also didn't really seem to impact Tesla's decision to keep pushing Full Self Driving and Robotaxi despite it having obvious severe flaws (because Tesla sees this rollout as something holding up its stock price).
I think OP's point is - the fine is not large enough to impact Tesla's stock price - which is all Tesla cares about.
It also didn't really seem to impact Tesla's decision to keep pushing Full Self Driving and Robotaxi despite it having obvious severe flaws (because Tesla sees this rollout as something holding up its stock price).
Tesla cares about Free Cash Flow. This fine negatively and materially impacts FCF. Tesla cares about this fine.
They obviously care about losing $300M.
Like, if they have a chance, they are going to keep $300M.
That is obvious.
OP's point is - it is not having any impact on Tesla's reckless decisions.
Stock price is #1 on the list of their concerns. FCF is somewhere much lower in the list.
"in the short term, the stock market is a voting machine, in the long term it's a weighing machine"
They definitely care about the FCF impact of this fine and what it says about future liability.