Mercedes-Benz revenues down in Q1 2024, but EV sales grow
In 2015 and again in 2016, management revised distribution expectations, warning of transitional years ahead. And in 2019, management warned debt reduction would need to be the priority over distribution growth. It was horrible for unitholders that the distribution was cut by 45% in 2017 and another 50% in 2020, but management didn’t mislead investors […]