GEICO, the second-largest vehicle insurance underwriter in the US, has decided it will no longer cover Tesla Cybertrucks. The company is terminating current Cybertruck policies and says the truck “doesn’t meet our underwriting guidelines.”

  • Malfeasant@lemm.ee
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    1
    ·
    23 hours ago

    It’s not charity to give money to an organization you (or friends or relatives) control, it’s a way to keep your assets under your control without having to pay taxes that would otherwise be required.

    • nednobbins@lemm.ee
      link
      fedilink
      English
      arrow-up
      1
      ·
      5 hours ago

      That would be true if he were secretly using those charities to enrich himself but there’s no evidence of that at all.

    • sugar_in_your_tea@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      3
      arrow-down
      1
      ·
      23 hours ago

      It is if that charity uses the money to help people. So any accusation needs to actually look at the financials of those orgs to see where the money is going.