¯\(ツ)

  • Blue_Morpho@lemmy.world
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    6 days ago

    Boycotting Tesla isn’t performative. Elon owns 12% of Tesla. Tesla’s net profit per car is $8k. 12% of $8k is $960. Tesla stock has a PE ratio of 200x. $960 x 200 = $192,000.

    That’s right, every Tesla sold is worth $192,000 to Elon in stock value.

    Elon uses that value to support Trump and overthrow Democracy worldwide.

    • Cris@lemmy.world
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      6 days ago

      I believe the part they consider performative is just the expectation that people who already have them need to get rid of them, sustaining a really big personal loss with no direct benefit in terms of hurting teslas bottom line. But I can see how their exact phrasing could be ambiguous what they really mean