Quote:
Originally Posted by KRS_SN
Having nothing but a bloated market cap like Tesla is what use if little or no profit
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As noted in the past, TSLA is dumb for turning a profit right now - they're an innovation company in hyper-global-growth mode building new plants on 3 continents ... TSLA should be plowing all their money into infrastructure and R&D like Amazon did for 20 years.
For whatever reason, Elon doesn't want to do that - i suppose for the marketing story of making a profit? dunno
- but as an investor (via index funds), given TSLA's stock price, I'd rather see them spending on R&D than making profits ....
As for BMW, they have dwindling market share, talent fleeing, are shooting themselves in the foot with new products, and not very ready to deal with a Chinese EV invasion ... this is what the 1980s invasion Japan looked like in the US 1961 - 2016, with a hat tip to BMW!
