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by illumin8
3141 days ago
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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 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. |
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It's not clear if Tesla can do the same.