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by alexb_ 1210 days ago
In the land of cheap debt and endless promises, you can continue running a completely irrational business for a very long time. Just look at Uber, who has never turned a profit.

It gets especially bad when you are a new electric car company presenting yourself as a tech company so that you can get tech-company like speculators throwing money at things that make no logical sense whatsoever.

1 comments

Twitter did turn a profit in 2018 and 2019.
Corrected, thank you