• Dem Bosain@midwest.social
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    8 months ago

    Fuck Elon Musk, Fuck Tesla, but Fuck the Wall-Street need for continuous unending growth more

    • m13@lemmy.world
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      8 months ago

      Continuous unending growth will work bro. Please trust me! Expecting infinite growth within a system with finite resources definitely makes sense and is totally sustainable.

      • kureta@lemmy.ml
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        8 months ago

        the unfortunate thing is they’ll push a company for growth and after a certain point the company starts to destroy itself from within to continue growing. They’ll sell their shares at that point, run the company into the ground, support a new startup that will grow. rinse and repeat. voilà! infinite growth.

    • Laser@feddit.de
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      8 months ago

      I don’t think we need unending growth, but Tesla stock price reflected expected growth. Which this rating basically denies. In other words “TSLA is overvalued”

    • guacupado@lemmy.world
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      8 months ago

      Yeah. If anything, Wall Street and the stock market in general are just social impressions of companies. Facebook went from 150 to 80 to 500 in a year with no real changes other than firing a bunch of people (and rehiring a lot of them back or otherwise backfilling those slots).