Elon Musk's Crazy Smart Assessment of Amazon's Problems

Amazon increased its staff and switched to online shopping options when the Covid pandemic hit in order to fight back, but instead these solutions became a thorn in their side. Now Amazon is suffering from several issues that could be disastrous for Jeff Bezos' company. First, they had an annual loss in comparison to the profit made in the previous quarter. This was followed by more bad news when investors withdrew because of inflation. Consequently, amazon has experienced problems with sales and their stock is going down rapidly; furthermore, their revenues are extremely low at the moment making the situation dire.



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