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by nixarn 1757 days ago
> Are they marginally profitable now? Maybe, but that's nothing to brag about at a market cap of over half a trillion dollars.

Decent to do more than a billion in profit and they are a growth company with Giga Austin and Giga Berlin opening soon. When amazon had a similar market cap they did around 800m in profit. It's ofcourse easy in retrospect to say that amazon was a winner, but of course it was an unknown to investors and everyone placed their bets back then.

And my point with subsidies is that they affect the outcome, as they exist they have an effect on the business, and should be valued as such.