this post was submitted on 14 Mar 2024
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Enough Musk Spam

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For those that have had enough of the Elon Musk worship online.

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[–] [email protected] 87 points 8 months ago (3 children)

Fuck Elon Musk, Fuck Tesla, but Fuck the Wall-Street need for continuous unending growth more

[–] [email protected] 43 points 8 months ago (2 children)

Continuous unending growth will work bro. Please trust me! Expecting infinite growth within a system with finite resources definitely makes sense and is totally sustainable.

[–] [email protected] 38 points 8 months ago (1 children)

This is how Wall Street thinks the economy works.

[–] [email protected] 1 points 8 months ago
[–] [email protected] 3 points 8 months ago

the unfortunate thing is they'll push a company for growth and after a certain point the company starts to destroy itself from within to continue growing. They'll sell their shares at that point, run the company into the ground, support a new startup that will grow. rinse and repeat. voilà! infinite growth.

[–] [email protected] 9 points 8 months ago

I don't think we need unending growth, but Tesla stock price reflected expected growth. Which this rating basically denies. In other words "TSLA is overvalued"

[–] [email protected] 3 points 8 months ago* (last edited 8 months ago)

Yeah. If anything, Wall Street and the stock market in general are just social impressions of companies. Facebook went from 150 to 80 to 500 in a year with no real changes other than firing a bunch of people (and rehiring a lot of them back or otherwise backfilling those slots).