Not because that either TSLA or AMZN are more profitable! No, to the contrary….
Look at the Net Income for 2020 for all these companies FB and GOOG still are way, way more profitable than either TSLA or AMZN (Net profits for 2020 or TSLA $0.5B, AMZN $13B
FB $21B, GOOG $31B)
We extol the virtues of Musk and Bezos because they created something EXTRAORDINARY difficult, and they kept on relentlessly innovating for almost 25 years, developing their long-term visions through enormous difficulties
While the founders of GOOG and FB have founded something incredibly profitable by essentially luck (even though they were qualified and brave to take advantage of that)…
