Keep it going. Canada, you’re doing great.

  • Knock_Knock_Lemmy_In@lemmy.world
    link
    fedilink
    arrow-up
    2
    ·
    5 days ago

    Even if there was a stock buyback,

    This is just a different way to issue dividends.

    Do you mean a management buyout?

    But yes Tesla is cooked. The only way out is to remove the taint of Musk. Would mean the financial equivalent of Musk chopping 2 legs off. He doesn’t realise they are already full of gangrene.

    • just_another_person@lemmy.worldOP
      link
      fedilink
      arrow-up
      3
      ·
      5 days ago

      Yes, I meant for internal stockholders to lessen the damage. Nothing they can do. I believe a large portion of their workforce was taking stock as compensation for a long time in lieu of cash, so this is just a harsh reality for them.