• StereoTrespasser@lemmy.world
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    1 year ago

    “We are absolutely appalled at this behavior!” [Buys more stock in Tesla] “I mean really, this has gone too far!” [Collects dividends] “He needs to resign, this is disgusting!” [Watches stock price climb] “this antisemitism must stop or else!” [Buys more stock]

    • fosforus@sopuli.xyz
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      1 year ago

      If I, an absolutely moral and ethical person, don’t buy Tesla stock and gain profits from its climbing, somebody less moral and ethical will.

      • 520@kbin.social
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        1 year ago

        But you buying and holding also contributes to the price going up. Just as you refusing to buy or selling your shares contributes to prices going down. This is how Elon has manipulated markets for quite a while.

      • Bytemeister@lemmy.world
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        1 year ago

        I think what you meant is,

        If I buy Tesla stock, then I have a small voice in how the company is run, and I can push it towards a more progressive and altruistic vision.