Comment on "Americans can't coo-"
mycelium_underground@lemmy.world 5 weeks agoWhat country do you think supports the American dishwasher companies if Americans don’t?
Comment on "Americans can't coo-"
mycelium_underground@lemmy.world 5 weeks agoWhat country do you think supports the American dishwasher companies if Americans don’t?
melpomenesclevage@lemmy.dbzer0.com 5 weeks ago
corporations don’t need to actually make products to be profitable. look at tesla. I assumed it was a few suburbanites and the rest is financial instruments/subsidies, to the extent I thought about it at all.
mycelium_underground@lemmy.world 5 weeks ago
They do need to be profitable to last as a company. Whirlpool won’t be bailed out by the world’s richest dipshit.
melpomenesclevage@lemmy.dbzer0.com 5 weeks ago
right they need to be profitable.
they don’t need to make products to be profitable. which is the thing I actually said.
and I fully expect they will, if they kiss the ring.
mycelium_underground@lemmy.world 5 weeks ago
This isn’t one product, it’s an entire division of a very very large company. It’s profitable. The entire category of dishwashers as an appliance is not a lost leader.
Most of the muskrats “wealth” is in stock. Tesla is valued at more than every other car company in the world put together because a whole lot of dipshits think that a company can grow forever instead of looking at the actual financial data. There are going to be a whole lot of bagholders on that one. The point is if you think every company can operate like Tesla, I would encourage you to do a whole lot more reading. Tesla needs to be profitable at some point to stay alive anyway.