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Business, Economics, and Taxes: Eat Cereal for Dinner

Means nothing to anyone that bought > $225.
Bingo. Any investor since December (and really 6 months who held through the high point) is getting crushed right now. The board, who likely have a lot of compensation tied to stock is flailing. Musk has lost North of $70 billion since January on paper...

When the banks started failing in '08 the people at the top only started to care when their share value tank. Overnight the CEOs lost hundreds of million in compensation value as the stocks tanked. Panic followed rather quickly...
 
With the new VC group, there are some painful years ahead for that carrier.
I'm in a big airport ramp workers facebook group and it's just sad to see how many people are out of touch and uninformed. I mentioned in the comments of a post about it "brace yourself, your company has been taken over by a venture capitalist group so there's going to be a lot more cost cutting measures and layoffs." and so people had no idea what I was talking about.
 
There is a reason it's called "Vulture Capitalists" by many business owners. They are nothing but a bunch of Gordon Geckos with zero skin in the game looking to cash out.
 
So an interesting twist to the property damage at Tesla dealerships, and another reason to not govern by shitposting:

Elon Musk: "Vandalism against Tesla is terrorism."
Pam Bondi: "We're going to prosecute those who vandalize Tesla as terrorists."
Donald Trump: "I'm going to make an Executive Order declaring any vandalism against a Tesla dealerships an act of Terrorrism."

Insurance companies: *points to part of contract where it says they don't cover acts of terrorism or war, and never have*
 
So an interesting twist to the property damage at Tesla dealerships, and another reason to not govern by shitposting:

Elon Musk: "Vandalism against Tesla is terrorism."
Pam Bondi: "We're going to prosecute those who vandalize Tesla as terrorists."
Donald Trump: "I'm going to make an Executive Order declaring any vandalism against a Tesla dealerships an act of Terrorrism."

Insurance companies: *points to part of contract where it says they don't cover acts of terrorism or war, and never have*
** Golf Clap **

For once I appreciate a business being cutthroat and defending their profits :D
 
So an interesting twist to the property damage at Tesla dealerships, and another reason to not govern by shitposting:

Elon Musk: "Vandalism against Tesla is terrorism."
Pam Bondi: "We're going to prosecute those who vandalize Tesla as terrorists."
Donald Trump: "I'm going to make an Executive Order declaring any vandalism against a Tesla dealerships an act of Terrorrism."

Insurance companies: *points to part of contract where it says they don't cover acts of terrorism or war, and never have*
True. But they did cover 9/11.
 
So an interesting twist to the property damage at Tesla dealerships, and another reason to not govern by shitposting:

Elon Musk: "Vandalism against Tesla is terrorism."
Pam Bondi: "We're going to prosecute those who vandalize Tesla as terrorists."
Donald Trump: "I'm going to make an Executive Order declaring any vandalism against a Tesla dealerships an act of Terrorrism."

Insurance companies: *points to part of contract where it says they don't cover acts of terrorism or war, and never have*
He'll just sign another executive order saying it has to be covered. And everyone will cave.
 
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