Comment on Tesla loses $68 billion in value after Elon Musk says he is launching a political party

towerful@programming.dev ⁨1⁩ ⁨month⁩ ago

• Swedneck@discuss.tchncs.de ⁨1⁩ ⁨month⁩ ago

  i truly do not understand how shareholders think, why the fuck would you keep tesla stocks at this point? sell them and invest in that chinese electric moped company for fuck’s sake, infinitely more reliable

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  • Azhad@lemmy.world ⁨1⁩ ⁨month⁩ ago

    It’s very simple: his votes, plus his family votes and the fact that shares held in index and funds vote always like the boards direct and they have the vast majority and every “vote” is just a farce.

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