https://www.cnbc.com/2023/10/03/gm-third-quarter-sales-jump-21percent-as-uaw-strike-slowly-expands.html
5 replies (most recent on top)
GM Stock:
December 1, 2010: $36.86/share
October 6, 2023: $29.92/share
This after billions in stock buybacks.
Without the buybacks, what would the stock be worth today?
Ford Stock:
December 1, 2010: $15.05/share
October 6, 2023: $11.69/share
Join the company stock purchasing program they say! LMAO
This is so that when Mary and the board sell, they sell high and leave you holding the bag.
Remember - fast food workers wanted a $15 minimum wage and were replaced by ordering kiosks .
SSDD
Maybe she'll announce that everyone will be cut back to minimum wage so she'll have more money for EV development.
Because if the workers don't pay for it, who will?
Mary already said in an interview that she has to make cuts to shore up cash for EVs.
It's disgusting. They can write off research and development costs.
They shouldn't write off people they claim to care about.
And the SLT is going to claim they don't have the money to pay workers because they're going to spend it on EV conversion.
Because of course the workers should have to pay for EV conversion.