Comment on Tesla profit tanked 46% in 2025 | TechCrunch
pastermil@sh.itjust.works 1 week agoIt’s simple in its principal, really…
- you have multiple companies
- one company (A) have some supply for some product
- on the other company (B), you create demand for that product (i.e. for its operation)
- thus, under your control, you make company A and B enter a trade agreement
- as someone who brokered that deal, you get rewarded (e.g. from brokerage fee, or commision)
- sometimes, by having a massive increase in sales, the stock for company A would increase, thus you can sell a little bit of it, which you can later buy back after the stock price goes back down
- profit
Some facts:
- even though they’re your companies, you are a separate entity from them, and they are each its own entity
- the money comes from the investors as well as profit, remember that they are separate
- no, you cannot just take all the companies’ money, since even though they’re yours, there are other people at stake
So you basically come up with some excuse for moving stuff around, then you come up with some excuse to siphon off some of that good stuff.
MonkderVierte@lemmy.zip 1 week ago
Fuck that shit. Companies being their own legal entity was a mistake.
vaultdweller013@sh.itjust.works 1 week ago
The reason why that was done was largely to keep debtors and investors from ripping apart a company and then transferring the debt to the ones running it. This would’ve been back when most large companies were trade companies wherein it made a lot of sense, since if the ship goes down you’re fucked regardless time to liquidate the company and payback who you can.
The actual problem is the stock market since it creates fairy tale bullshit that allows Tesla to exist. Remove the stock market and the individual investments become a lot more risky and make bullshit stocks less likely to exist since all stock would be privately traded and their worth based off of company payout.
PolarKraken@lemmy.dbzer0.com 1 week ago
So instead we get “vulture capitalism” as an entire ecosystem of companies, doing this but more diffuse, by spreading out the bag holders far and wide (but always among the powerless). Fits like a glove with the general “privatize profits, socialize losses” general strategy of wealth extraction we like so much.
Corporate person-hood is a stain on humanity and the world. We should never have shifted culpability and direct experience of negative consequences away from human beings, ever.
notastatist@feddit.org 1 week ago
Can you explain this?
MonkderVierte@lemmy.zip 1 week ago
If a real person would be held resonsible…