Green pet project nonsense... there's no way this is more value accretive to shareholders than just putting every dollar that would have gone into FFI into actual diversification through Tesla stock.
Less employee cost, almost no effort other than getting approval from shareholders and pressing buy button, would make it harder for shorts to manipulate as big moves in Tesla would move fmg. anyway, ffi has never been about rational reason and evidence and the highest returns for shareholders.
Hell, for all the wasted ffi money they could have bought WHC when it was almost broke and be reaping billions each year to offset fuel costs. if fuel costs rise, so will coal. They could have also bought lithium assets which were cheap a few years ago...
It's just not optimum for anything but virtue signalling.
Green pet project nonsense... there's no way this is more...
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$21.92 |
Change
0.350(1.62%) |
Mkt cap ! $67.49B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.95 | $21.54 | $94.22M | 4.315M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $21.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.93 | 18370 | 7 |
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