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Swedish dockworkers are refusing to unload Teslas at ports in broad boycott move

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161–170 of 230 posts

Re: Swedish dockworkers are refusing to unload Teslas at ports in broad boycott move

#161
post #8

Sickos. Too bad sympathy strikes are illegal in the US.

It's arguably not a sympathy strike - Tesla employees are not striking in Sweden. So it's more a form of political expression. So in the US it would probably fall under a different set of rules.

Re: Swedish dockworkers are refusing to unload Teslas at ports in broad boycott move

#163
post #108
post #95

Earlier quoted context omitted.

> what you are observing is just live betting Yes, and those bets are guesses on how much the company will return as the poster you responded to said.

Nope, each buyer has its own motivations. People usually sell when the price increase to their liking in the casino. Shares are traded all the time, not just on the days of dividend payments day. Tesla so far never paid dividends anyway. Maybe there are people who bought shares and don't trade them and wait for a payout, but if you look at the volumes traded you can easily see that they are a very small minority.

> volumes traded you can easily see that they are a very small minority.

Not sure how volumes traded says anything about buy and hold investors. It could just be a single stock traded a billion times?

Re: Swedish dockworkers are refusing to unload Teslas at ports in broad boycott move

#165

Earlier quoted context omitted.

I wasn't asking in an anti-union stance. I'm actually curious. Of course I understand the general purpose of a labor union. But I also understand that there are many situations where a union is unnecessary and actually detrimental to the labor force. For example, if I pay all my employees the same wage I make and pay for the same insurance and retirement plan I have, would it be beneficial to my employees to join a u…

> For example, if I pay all my employees the same wage I make and pay for the same insurance and retirement plan I have, would it be beneficial to my employees to join a union? Two questions: How would you know that everyone has the same ? Only the boss knows without a union. Also, if everyone has the same retirement and insurance plan but they are not good plans or the pay isn't good, are they not getting ripped off…

> Also, if everyone has the same retirement and insurance plan but they are not good plans or the pay isn't good, are they not getting ripped off ?

Um. Not necessarily. If I sell you a car that has no tires and no engine, are you getting ripped off? Not necessarily. So I'd like to know the specifics of this case.

FWIW, I understand that just because my employees have the same compensation as I do, it may still be unfair. If I have no job responsibilities and they have to perform death-defying tasks, they might benefit from a union.

Then again, they might benefit even more from quitting and finding a different job.

Re: Swedish dockworkers are refusing to unload Teslas at ports in broad boycott move

#166

I don't actually agree with unions, but not for the "usual" reasons. Unions are a scotch-tape fix to a broken economic system, which gives enormous powers to the capitalistic class at the expense of all others. The correct solution is to fix the actual system. All large companies should be by constitutional law (controlling) majority owned 1/n by their workers. All this exploitation will disappear because workers wil…

> All large companies

when a company goes from small to large, original owners lose their ownership? Wouldn't they stop themselves from becoming large in order not lose their ownership .

Re: Swedish dockworkers are refusing to unload Teslas at ports in broad boycott move

#167
post #73

Interesting. How is this in Norway? I assume tesla fights union's there also. The culture and value system where union employers and the government is working together is standing really strong in Norway. Could this spread to the Norwegian Market? How big is the Norwegian Market for tesla now? Some years ago it was significant, but I assume the rest of the world is catching up and that its not that important anymore?

Norway is not nearly as woke as Sweden, so I doubt it.

Re: Swedish dockworkers are refusing to unload Teslas at ports in broad boycott move

#168
post #69

Earlier quoted context omitted.

I'm actually curious about how the union would benefit these mechanics. How is their current treatment by Tesla deemed inadequate?

In Sweden most of what you would consider basic labor law/protection is left up to negotiated contracts. Almost all sectors all unionized.

How unfortunate. Perhaps they should strike until they get better law-makers.

Re: Swedish dockworkers are refusing to unload Teslas at ports in broad boycott move

#169
post #108
post #95

Earlier quoted context omitted.

> what you are observing is just live betting Yes, and those bets are guesses on how much the company will return as the poster you responded to said.

Nope, each buyer has its own motivations. People usually sell when the price increase to their liking in the casino. Shares are traded all the time, not just on the days of dividend payments day. Tesla so far never paid dividends anyway. Maybe there are people who bought shares and don't trade them and wait for a payout, but if you look at the volumes traded you can easily see that they are a very small minority.

Paying dividends is just moving money from the company's bank account to the share owners, it doesn't have anything to do with the value of the rest of the company.

Re: Swedish dockworkers are refusing to unload Teslas at ports in broad boycott move

#170
post #108
post #95

Earlier quoted context omitted.

> what you are observing is just live betting Yes, and those bets are guesses on how much the company will return as the poster you responded to said.

Nope, each buyer has its own motivations. People usually sell when the price increase to their liking in the casino. Shares are traded all the time, not just on the days of dividend payments day. Tesla so far never paid dividends anyway. Maybe there are people who bought shares and don't trade them and wait for a payout, but if you look at the volumes traded you can easily see that they are a very small minority.

You sell when you think the company is overvalued, you buy when you think it is undervalued. Some might treat it as a casino but those are not the big players, as treating it as a casino will most likely lose money and not be profitable.
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