technocrit@lemmy.dbzer0.com to Fuck Cars@lemmy.worldEnglish · 21 days agoThe US auto industry is in big trouble. China now makes 75 percent of all electric vehicles sold anywhere on earth. US automakers make around 5 percent.www.nytimes.comexternal-linkmessage-square22linkfedilinkarrow-up11arrow-down10file-textcross-posted to: mildlyinteresting@lemmy.world
arrow-up11arrow-down1external-linkThe US auto industry is in big trouble. China now makes 75 percent of all electric vehicles sold anywhere on earth. US automakers make around 5 percent.www.nytimes.comtechnocrit@lemmy.dbzer0.com to Fuck Cars@lemmy.worldEnglish · 21 days agomessage-square22linkfedilinkfile-textcross-posted to: mildlyinteresting@lemmy.world
minus-squaregreyscale@lemmy.grey.ooolinkfedilinkEnglisharrow-up0·21 days agoMaybe they should have spent money on R&D during covid, instead of doing fucking stock buy-backs. Fuck them. Fuck them to death.
minus-squarebirdwing@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up0·21 days agoOr paid their employees properly instead of diverting that funds to shareholders
minus-squareivanvector@piefed.calinkfedilinkEnglisharrow-up0·21 days agoThe CEOs are earning way more than 200k. The lowest paid of the US auto CEOs earns north of $20 million.
minus-squarebirdwing@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up0·21 days agoYeah, and they do that through “bonuses”. You could remove €15 million of the bonuses and still get 100 new employees with a comfortable €50,000 salary.
minus-squareRothe@piefed.sociallinkfedilinkEnglisharrow-up0·20 days agoBut… but the short-sighted profits?
Maybe they should have spent money on R&D during covid, instead of doing fucking stock buy-backs.
Fuck them. Fuck them to death.
Or paid their employees properly instead of diverting that funds to shareholders
The CEOs are earning way more than 200k. The lowest paid of the US auto CEOs earns north of $20 million.
Yeah, and they do that through “bonuses”.
You could remove €15 million of the bonuses and still get 100 new employees with a comfortable €50,000 salary.
But… but the short-sighted profits?