Thread regarding Shell Oil layoffs

Typical Shell. So arrogant they think they can buy a failing company and do it better! Ha - jokes on you Shell. You look ridiculous as always. Also, the people running that division are fuel people, not EV people. Another typical play for Shell. People at the top dont know what they are doing!

Go back and look at Volta's pretakeover financials. Volta was horribly managed and bleediing red. Get rid of the pocketlining scammers and we just bought a bunch of assets that got obsoleted when Tesla chargers became the industry standard. And worse if you're a true believer, the cheap valuation for Volta scared away other investment in EV. Ironically, because we got such a good deal, the smart money went to Tesla. But hey it helped greenwash our ESG scores and got a very few of people into new roles of influence, just in time for the pendulum to swing back hard.

There's a bestseller in Shell's antics.

Holy sh-t you mean the free vehicle charging in front of Whole Foods with big stupid advertisements on TV screens failed? No fu--ing way I can’t believe it wow

Wael needs to try harder to get the stocks up. Dead shares I have.

@ah gives Wael another reason to stop wasting money on d-mb green energy

To be fair, $169 million against a Q2 earnings of $4.3 Billion is like ~4%. Not going to move the needle that much

what do we call the strategy senior management has where they buy and/or invest in businesses for 7-8 digits and then shut them down a few years later?

i ask because they do this a lot

@OP a typical green energy business. ROI minus 100%.