Amazon: billions and billions. 9 Billion this quarter alone, which is more than Tesla has spent on R&D in their entire existence. Tesla? 300 million this quarter and trending down.
Amazon was generating REAMS of cash flow, for 10 years before they earned a profit. Billions and billions of dollars for investment. Tesla is regularly cash flow negative, almost half a billion per quarter on average:
Here's the two company's R&D spend:
https://ycharts.com/companies/AMZN/r_and_d_expense
https://ycharts.com/companies/TSLA/r_and_d_expense
Amazon: billions and billions. 9 Billion this quarter alone, which is more than Tesla has spent on R&D in their entire existence. Tesla? 300 million this quarter and trending down.
Amazon was generating REAMS of cash flow, for 10 years before they earned a profit. Billions and billions of dollars for investment. Tesla is regularly cash flow negative, almost half a billion per quarter on average:
https://ycharts.com/companies/AMZN/free_cash_flow
https://ycharts.com/companies/TSLA/free_cash_flow
So can you explain how these "models" are at all similar? Do you think all unprofitable companies are like Amazon?