Maybe they should rethink the business model of selling 50k plus SUVs to people who can’t even afford rent.

I thought he did have a security detail but they weren’t with him that morning?

It is crazy to me that United Health Group did not provide personal security for their executives. Last year, Apple paid for $820,000 for security for Tim Cook on his personal time, and somehow Zuck’ gets an allowance of $14M a year for personal security and personal use of Meta’s jets.

Turns out public companies are hood rich-and always have been.

I think your reasoning is solid.

And that absolutely needs to change, but it won’t because it’s a club. And not to wish this upon anybody, but I am suprised more CEOs haven’t been Murked in recent years due to their selfish decisions.

It was all predatory from the start. I can’t fault automakers completely for not buying enough chips because they thought Covid was going to be much worse than it was financially (Mistake #1).

Exactly. Add to that the MBA-thought of incremental savings = more profit so I can get my bonus this quarter (at the expense of the business long-term), and you end up with idiots making decisions to enrich themselves with zero accountability while the line workers or low-level employees are left holding the (empty)…

It’s true the US economy is doing very well right now and recovered from pandemic issues much better and faster than others with the miraculous soft landing almost nobody thought was possible.

Did they do the normal thing an spend that money as if it was never going to stop flowing?

Automakers in the US sold 16 million automobiles in 1986. They will sell approx 16 million in 2024. The population also grew by 40% since 1986.

“Sure, you’ll make your quarterly bonuses, but you’re screwing yourselves in the long term.”

It’s the only economy that’s not on the brink of collapse right now.

The whole point of these fuckers being so highly paid is that they won’t do dumbass shit like overcommit to make the most of a market blip and get crushed when it passes.  

Maybe telling their dealer networks that markups, I mean market adjustments are now outright banned.   MSRP is dictated by the manufacturer and that is the highest allowed price.

The US economy is carrying the world right now. It’s the only economy that’s not on the brink of collapse right now. Pretty much every other developed economy has been hit hard repeatedly by food and energy prices skyrocketing, foreign and domestic security issues, and general civil strife.

From the anecdotes I’ve been hearing for years, it seems the real problem (besides the EV turmoil, which is to be expected as the industry largely transitions away from ICE) is that Wall Street sees a new financial milestone reached and decides that the milestone is the baseline moving forward. RV companies sold…

Here’s a fucking clue for the automakers: When your markets are in the midst of a recession (or on the tipping point), raising prices, adding markups, and just being assholes isn’t the way to LONG-TERM profitability. Sure, you’ll make your quarterly bonuses, but you’re screwing yourselves in the long term.

Fuck em. Feed em fish heads.

Took my e39 M5 on the local snow-go rally, a time distance rally. That car typically achieved over 16 and as his as 26. On that tank it achieved 12 mpg, thanks to us spinning the rear wheels for a few hours straight on lots of snow trying to keep pace.