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by brudgers
1909 days ago
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In the case of a safety recall in the US, the manufacturer gets to choose from three options to address it. 1. Fix it for free. 2. Replace the vehicle with a new vehicle. 3. Purchase the vehicle back. Bitcoin potentially provides arbitrage with the third option. Safety recalls are not uncommon. Suppose Tesla ships an over-the-air software change and then recalls the vehicles. State by state Lemon-laws also might come into play. At a minimum there is nothing buyer friendly in the clause. |
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