Tesla Diamond Holder$Amazon(AMZN.US) I guess no one has a higher cost basis than me. Held for over two months, almost broke even but now back to square one lol
Amazon is involved in many businesses including but not limited to e-commerce/cloud computing/autonomous driving/healthcare/streaming/reading devices/space business etc. Due to consistently poor financial reports and ineffective cost-cutting measures, it hasn't gained Wall Street's recognition, and the stock price hasn't taken off.
I believe there will be many breakout points ahead, and capital will inevitably rotate to Amazon which hasn't broken its previous high.
On the other hand, Bezos has always been Musk's rival, and Tesla vs Amazon represents their business competition and ideological differences. In future autonomous driving/space business, Laza and SpaceX will definitely be top players, but competitors should also be allowed to exist.
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