It's a capital-intensive industry with a long lead development cycle. You develop the product, then you develop the factories, then you actually build the facto

It's a capital-intensive industry with a long lead development cycle. You develop the product, then you develop the factories, then you actually build the factories. Software has a long lead development cycle but no capital investment in production facilities afterwards. I'd expect the auto industry to have longer times before profitability vs the software industry. It's expected, not surreal.