Chevron said last week that it would increase its dividend about 6%, and the company raised its share-buyback authoriza-tion to $75 billion. Exxon Mobil said Tuesday that it would repurchase as much as $35 billion of its own shares this year and next. For some perspective, the companies’ combined share-repurchase autho-rizations are enough to buy British oil company BP.
Trying to remember who is was told me “the oil companies are going out of business, and soon!”
I have no idea what you are talking about - someone mentioned buying a Tesla (presumably the car) was a bad decision (the biggest mistake of his life) - what has that got to do with an investment in Tesla?