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If Amazon listened to those same finance blogs that are chastising Tesla, they wouldn't be where they are today. Wall Street hates companies that invest every
by illumin8 9y ago
If Amazon listened to those same finance blogs that are chastising Tesla, they wouldn't be where they are today. Wall Street hates companies that invest every cent they make into future growth; they want solid companies like GE and IBM that pay out regular profits to investors, and end up old dinosaurs because they didn't invest in innovation.
The market analysts and financial blogs may hate companies like AMZN and TSLA, but Bezos and Musk will be laughing all the way to the bank because they didn't focus on short-term profits at the cost of long-term innovation.
Remember, every company on this planet has to constantly reinvent itself, or it will be disrupted by someone else. Musk is doing that. Don't listen to the financial blogs and analysts.
- vkou 9y agoAmazon could have had a wildly profitable quarter by slightly slowing their expansion. Doing so would not kill the company. It's not clear if Tesla can do the same.
- canttestthis 9y agoThere was a time in the past where Amazon could not have done that at all.
- Tyrek 9y agoSure, but how many companies have been in the same position and failed?
- taurath 9y agoIf they retooled to maximize profitability now they would not be worth the multiple they are.