this post was submitted on 17 Nov 2023
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[–] [email protected] 68 points 1 year ago (2 children)

"We are absolutely appalled at this behavior!" [Buys more stock in Tesla] "I mean really, this has gone too far!" [Collects dividends] "He needs to resign, this is disgusting!" [Watches stock price climb] "this antisemitism must stop or else!" [Buys more stock]

[–] [email protected] 24 points 1 year ago

In the interest of pedantry; TSLA doesn’t declare dividends.

[–] [email protected] -2 points 1 year ago (3 children)

If I, an absolutely moral and ethical person, don't buy Tesla stock and gain profits from its climbing, somebody less moral and ethical will.

[–] [email protected] 4 points 1 year ago* (last edited 1 year ago) (1 children)

But you buying and holding also contributes to the price going up. Just as you refusing to buy or selling your shares contributes to prices going down. This is how Elon has manipulated markets for quite a while.

[–] [email protected] -2 points 1 year ago (2 children)

Bruh. What internet lefties have right is that we don't have an impact in capitalism. Get yo wins.

[–] [email protected] 4 points 1 year ago (1 children)
[–] [email protected] 2 points 1 year ago

Guns or GMEs. Get your gold my man.

[–] [email protected] 1 points 1 year ago (1 children)

You mean those who denounce capitalism aren't actively fueling the fire? Imagine that.

[–] [email protected] 0 points 1 year ago

They are, but they think they're fighting it.

We gonna ignore definitional disputes.

[–] [email protected] 4 points 1 year ago

I mean that's how public stocks work, yeah?

[–] [email protected] 2 points 1 year ago

I think what you meant is,

If I buy Tesla stock, then I have a small voice in how the company is run, and I can push it towards a more progressive and altruistic vision.