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> “It's there selling 400B dollars worth of products every year.” Exactly. Tesla is selling $54b at 71% YoY revenue growth, while Amazon’s $470b is 22% growth.
by reducesuffering 5y ago
> “It's there selling 400B dollars worth of products every year.”
Exactly. Tesla is selling $54b at 71% YoY revenue growth, while Amazon’s $470b is 22% growth.
- McLaren_Ferrari 5y agoAlso known as the difference between accomplishing something and talking about it. Amazon has total domination in the enterprise cloud business and is the largest player in online retail. But you know in the world of contraries , winning is a huge liability because it means you arrived at the end of the road, whereas failing to achieve more than 1.5% of market share in 20 years is a huge success because it allows people to daydream of infinite curves which go up & to the right forever after slouching for 20 years /s If you are good, you are good from the get go.
- reducesuffering 5y agoI'm just baffled you live in a world where Amazon with $400b sales is an example of achievement, but Tesla at $54b is an example of failure and cult. So does that make Nvidia ($27b), Visa and Mastercard (combined $43b), and Coca Cola ($39b) failures too?
- McLaren_Ferrari 5y agoI measure companies success/failure like I measure humans' : How many lives are gonna be disrupted if a company/human disappeared overnight? And how much the quality of life of the population is gonna go down the sink? In each and every case as the companies you mentioned the answer is a lot on both counts. Tesla, Porsche (35B) , the brands I have in my handle (Ferrari , McLaren) , Lamborghini, Gulfstream, Bombardier, Gucci, Sea-Ray....the answer is: not a much on both counts for all of them. Nobody cries for the toys of the rich, not even the rich because they can easily pivot towards other toys