▲ 886 ▼ Elon Musk Begs Tesla Staff Not to Sell Their Stocks (futurism.com) submitted 1 year ago by just_another_person@lemmy.world to c/politics@lemmy.world 159 comments fedilink hide all child comments Keep it going. Canada, you're doing great.
[–] just_another_person@lemmy.world [S] 8 points 1 year ago (1 child) Yup, there is no way out of this now, and people know that. Even if there was a stock buyback, it's not going to save it from certain death. permalink fedilink source parent hideshow 2 child comments replies: [–] Knock_Knock_Lemmy_In@lemmy.world 2 points 1 year ago (1 child) Even if there was a stock buyback, This is just a different way to issue dividends. Do you mean a management buyout? But yes Tesla is cooked. The only way out is to remove the taint of Musk. Would mean the financial equivalent of Musk chopping 2 legs off. He doesn't realise they are already full of gangrene. permalink fedilink source parent hideshow 2 child comments replies: [–] just_another_person@lemmy.world [S] 3 points 1 year ago Yes, I meant for internal stockholders to lessen the damage. Nothing they can do. I believe a large portion of their workforce was taking stock as compensation for a long time in lieu of cash, so this is just a harsh reality for them. permalink fedilink source parent
[–] Knock_Knock_Lemmy_In@lemmy.world 2 points 1 year ago (1 child) Even if there was a stock buyback, This is just a different way to issue dividends. Do you mean a management buyout? But yes Tesla is cooked. The only way out is to remove the taint of Musk. Would mean the financial equivalent of Musk chopping 2 legs off. He doesn't realise they are already full of gangrene. permalink fedilink source parent hideshow 2 child comments replies: [–] just_another_person@lemmy.world [S] 3 points 1 year ago Yes, I meant for internal stockholders to lessen the damage. Nothing they can do. I believe a large portion of their workforce was taking stock as compensation for a long time in lieu of cash, so this is just a harsh reality for them. permalink fedilink source parent
[–] just_another_person@lemmy.world [S] 3 points 1 year ago Yes, I meant for internal stockholders to lessen the damage. Nothing they can do. I believe a large portion of their workforce was taking stock as compensation for a long time in lieu of cash, so this is just a harsh reality for them. permalink fedilink source parent