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1. Ars Technica (arstechnica@mastodon.social)'s status on Wednesday, 24-Jul-2024 06:23:21 JST Ars Technica

   Battery sales keep Tesla profitable in Q2 as EV sales still slumped

   Tesla's status as a growth stock will require some explaining if this keeps up.

   https://arstechnica.com/cars/2024/07/battery-sales-keep-tesla-profitable-in-q2-as-ev-sales-still-slumped/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social

   • Daniel Marks (profdc9@mastodon.social)'s status on Wednesday, 24-Jul-2024 06:58:30 JST Daniel Marks

     in reply to

     @arstechnica I don't think the shareholders are interested in profit. They gave away a huge amount of future profit to Musk. What's supporting the share value when any new buyers would know that the present owners vote to give away their profits?

   • Martianman (martianman@mastodon.social)'s status on Wednesday, 24-Jul-2024 08:43:46 JST Martianman

     in reply to

     @arstechnica But Elooooonnnnnnnnnnn