Quote:
Originally Posted by RedDevil
That's the whole point. Amazon wasn't profitable for 10 years or so, while they grew exponentially. Once a major force in the market, the growth slowed down and profits emerged.
And so it will be with Tesla and other companies that go down this route.
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Amazon has been profitable since 2009. Their recent spike in profits is from their AWS division. The retail business is still basically break-even. That is not surprising as retail has VERY low margins, lower than even making cars.