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The OP said "Look at profits of legacy auto. It’s not the labor, they’re prioritizing profits over investment [...]". Are you arguing that this is incorrect by
by ChadNauseam 2y ago
The OP said "Look at profits of legacy auto. It’s not the labor, they’re prioritizing profits over investment [...]". Are you arguing that this is incorrect by showing some examples of large labor expenses these US auto companies have? My understanding is that profits is what is left over to be paid to shareholders after they stop spending on employees/investment/opex/etc.