Thread regarding General Motors layoffs

It looks like GM is spending to increase the stock price lately

Seem like they're taking advantage of a rough patch Elon and Tesla. GM leadership consists of wolves in sheeps clothing.

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| 1113 views | | 2 replies (last June 18, 2022) | Reply
Post ID: @OP+1gT8mnMv

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Watch the company spend all its money on stock buybacks to raise the stock price.

That way the executives will get more expensive shares of stock when they cash in their options.

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Post ID: @plyu+1gT8mnMv

It's really all political, which elevates higher than these corporations. Elon didn't get the approval. Tesla valuation before it's decline, was enough to acquire GM, Ford, and Stellantis. To bury them all, or to absorb them. Instead, he goes for twitter. So, it's not about crushing competition, as that would have been the most obvious first choice.

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Post ID: @4xee+1gT8mnMv

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