Comment on Tesla to lay off everyone working on Superchargers, new vehicles
kent_eh@lemmy.ca 2 weeks agoInvestors love job losses
Once again confirming how sociopathic the stock market can be.
Comment on Tesla to lay off everyone working on Superchargers, new vehicles
kent_eh@lemmy.ca 2 weeks agoInvestors love job losses
Once again confirming how sociopathic the stock market can be.
Ragnarok314159@sopuli.xyz 2 weeks ago
It’s because of the massive short term gains.
I made several thousand dollars in the stock market by buying stocks that announce layoffs. They almost always jump after the announcement unless it has to do with other circumstances like bankruptcy.