nitroz
INDEPENDENTly ruthless
While it looks good that Tesla has paid off all their debts and posted profits and such, lets not forget the bad effects of stock exchange.
It's literally the #1 reason why wages suck, only part time jobs exist, etc. You know how all these big corps post such astounding profits? Where do those profits go? Obviously Scrouge duck isn't swimming in money, so whats really happening?
That money goes towards stock. The more profit they make, the more stock increases. (stock is also affected by many other factors, too)
So, why is the working force still suffering when they can be taken care of first?
Stock holders. They are the ones who force corporate to constantly milk all the profits they have. If the stock is shaky, then they will try to get a quick gain and then quickly sell it. What happens when someone buys it and does the same thing? They hurt employees more.
It's a very harmful cycle that will eat Tesla up unless they have some backbone and tell their stock holders that they are running the show.
Whats a good example of a company doing so? Costco.
But it's also because the CEO owns half the stock, so he can tell other stock holders to piss off when they try to do their dirty tricks to make a quick sale.
Rampant capitalism is bad.
It's literally the #1 reason why wages suck, only part time jobs exist, etc. You know how all these big corps post such astounding profits? Where do those profits go? Obviously Scrouge duck isn't swimming in money, so whats really happening?
That money goes towards stock. The more profit they make, the more stock increases. (stock is also affected by many other factors, too)
So, why is the working force still suffering when they can be taken care of first?
Stock holders. They are the ones who force corporate to constantly milk all the profits they have. If the stock is shaky, then they will try to get a quick gain and then quickly sell it. What happens when someone buys it and does the same thing? They hurt employees more.
It's a very harmful cycle that will eat Tesla up unless they have some backbone and tell their stock holders that they are running the show.
Whats a good example of a company doing so? Costco.
But it's also because the CEO owns half the stock, so he can tell other stock holders to piss off when they try to do their dirty tricks to make a quick sale.
Rampant capitalism is bad.