Stock price is not inherently tied to profit. That is why p/e ratio exists. Also different industries can have different p/e ratios. Not even this holds though. Tesla’s p/e is OOM more than Toyota, but Toyota has higher profits and sells more cars.
Stock price is not inherently tied to profit. That is why p/e ratio exists. Also different industries can have different p/e ratios. Not even this holds though. Tesla’s p/e is OOM more than Toyota, but Toyota has higher profits and sells more cars.
Convert the parking to housing and business. Build a nuclear reactor instead.
My one critique is that this ruins human habitat and encourages car dependency, where a lot of fossil fuels will go. And no not everyone will drive electric cars soon. People couldn’t handle a mask mandate, they won’t handle a ev mandate. The best thing to do is to infill this land with more housing and commercial space so people don’t have to drive everywhere and just use nuclear power.
Reddit has always had changes that made people want to leave. Removing CSS was the first that comes to mind. Now that lemmy exists it could be seen as a new platform to jump to every time reddit does something dumb or anti user. I have high hopes for lemmy
Slippery slope aside, I think reducing unnecessary consumerism would be beneficial for our most vuneral populations. There would be a lower barrier of entry into the economy and more resources would be available at a lower cost for people who cannot afford them