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

  • just_another_person@lemmy.worldOP
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    9 days ago

    Yup, there is no way out of this now, and people know that. Even if there was a stock buyback, it’s not going to save it from certain death.

    • Knock_Knock_Lemmy_In@lemmy.world
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      9 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
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        8 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.