Comment on "Americans can't coo-"

• melpomenesclevage@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

  corporations don’t need to actually make products to be profitable. look at tesla. I assumed it was a few suburbanites and the rest is financial instruments/subsidies, to the extent I thought about it at all.

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  • mycelium_underground@lemmy.world ⁨1⁩ ⁨week⁩ ago

    They do need to be profitable to last as a company. Whirlpool won’t be bailed out by the world’s richest dipshit.

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    • melpomenesclevage@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

      right they need to be profitable.

      they don’t need to make products to be profitable. which is the thing I actually said.

      and I fully expect they will, if they kiss the ring.

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      • mycelium_underground@lemmy.world ⁨1⁩ ⁨week⁩ ago

        This isn’t one product, it’s an entire division of a very very large company. It’s profitable. The entire category of dishwashers as an appliance is not a lost leader.

        Most of the muskrats “wealth” is in stock. Tesla is valued at more than every other car company in the world put together because a whole lot of dipshits think that a company can grow forever instead of looking at the actual financial data. There are going to be a whole lot of bagholders on that one. The point is if you think every company can operate like Tesla, I would encourage you to do a whole lot more reading. Tesla needs to be profitable at some point to stay alive anyway.

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