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Amazon did turn a profit for many years on an EBITDA basis. They reinvested that profit in R&D, but they could also have chosen to send those profits to the sha
by gamblor956 6y ago
Amazon did turn a profit for many years on an EBITDA basis. They reinvested that profit in R&D, but they could also have chosen to send those profits to the shareholders as dividends.
Tesla has not achieved profit on an EBIDTA basis, so it's not even remotely the same thing.
- jungturk 6y agoTSLA had positive EBIDTA in 2016, 2018 and 2019 (and Q1 2020). https://www.marketwatch.com/investing/stock/tsla/financials https://www.marketwatch.com/investing/stock/tsla/financials
- gamblor956 6y agoTesla had positive non GAAP EBITDA, which means nothing.