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> Leffel questioned whether a $250,000 penalty would be significant enough to change operations at The Boring Co., which was valued at $7 billion in 2023. Studies show that fines that don’t put a significant dent in a company’s profit don’t deter companies from future violations, Leffel said.

A 250k penalty? Get real. Leffel said it like it is. What a sham.

[inemesitaffia]

Valuation isn't money.

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Here’s another truism: losing a few pennies is unlikely to alter future behaviour.

This fine is a sham.