• StupidBrotherInLaw@lemmy.world
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    5 months ago

    That’s about right. Their profit margin per vehicle in 2023 was nearly $10k USD.

    They laid off all those people to maximize profits while they’re experiencing a downturn due to reduced demand and increased competition. Workers never share in good fortune, only misfortune.

    Tesla’s shareholders are insane to give Tesla’s greatest liability a huge payout while their company is experiencing a downturn. I can’t wait to watch Tesla crash and burn.

    • skyspydude1@lemmy.world
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      5 months ago

      And now they have a negative profit margin on the Y and 3 with all the 0% financing they’re doing. Great time to dilute the stock for sure