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so....they intentionally lied to artificially increase demand and make their product look more compelling? can we get some fucking consumer protections regulations for fucks sake?? they're killing us out there
No it's been doge'd by the dude who would personally benefit from it's doge'ing.
No. The article doesn't talk about preorders at all, and they are completely meaningless and obviously a "preorder" for a car with just a 100$ deposit doesn't mean anything. That's basically just signing up for a mailing list. The cyber truck as announced was ugly but with really good specs for only 40k$. It was shit and the price was minimum 70k so it didn't sell well.
Preorders aren't a legally defined or protected term or anything, who wants to regulate that? It's basically just a list of emails signups so it doesn't mean anything at all.
Why do you think that was one of the first things Elon killed?
This would be a matter for the Securities and Exchange Commission to come crashing down on them. This kind of statement is designed to manipulate the market, and in a normal world, would be heavily punished.
Which is why they're killing it.
I suspect if they did, they’d be in trouble for defrauding investors.
But do laws even apply anymore?