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Cake day: June 17th, 2023

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  • I think it also highlights the absurdity that the stock market has become and how it directly contributes to a culture that allows for human suffering as long as record profits are believed to be around the corner.

    I don’t even understand what record profits they’re expecting at this point. Their sales numbers are dropping, they’re facing stiffer competition, the carbon credits and ev tax credits which benefited tesla so much are going away, and more of their newer offerings like the cybertruck and the taxi service have been absolute disasters. Somehow the company still enjoys about a $1 trillion market cap.