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> I’ll consider Elon Musk a “success” when either SpaceX or Tesla is profitable long term. Ehem... I'm sure you applied your stringent earnings requirements to
by headShrinker 8y ago
> I’ll consider Elon Musk a “success” when either SpaceX or Tesla is profitable long term.
Ehem... I'm sure you applied your stringent earnings requirements to other companies like Amazon as well...
https://qz.com/1196256/it-took-amazon-amzn-14-years-to-make-as-much-net-profit-as-it-did-in-the-fourth-quarter-of-2017/ https://qz.com/1196256/it-took-amazon-amzn-14-years-to-make-...
- scarface74 8y agoActually I wouldn’t have. The industry had no idea whether Amazon’s business model would ever be profitable or what would happen if they raised prices enough to be profitable. In reality. Amazon still hasn’t proven that there original business can be sustainably profitable. All of their profit from 2017 came from AWS. https://www.zdnet.com/article/all-of-amazons-2017-operating-income-comes-from-aws/ https://www.zdnet.com/article/all-of-amazons-2017-operating-...