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It isn't.
To be honest, the privacy controversy is blown way out of proportion. Mozilla has many faults (privacy wise, and with their handling -or lackthereof- of the public's ire), but people tend to forget that Firefox exists in a market and era defined by -often intentionally- convoluted legalise, and regulations that require such scary looking text. Not to mention the state of the internet itself.
The reason FF is trailing in marketshare isn't necessarily that it's a bad product. If Mozilla was half as vile as Google or Microsoft, I dare say they would be in a far better position today.
You don't see everyone using Librewolf or Ungoogled Chromium because privacy extremism doesn't sell even for the total price of zero.
Firefox is always dead last in pretty much every HTML and web scripting benchmark, no matter the host machine's spec, though. It's shtick is that it was extensible, and that Mozilla embodied the spirit of open source - all are welcome, nobody to pry, nobody to tell. This no longer exists, even in the FOSS world anymore. I'm only not going into depth to respect the no politics rule of the forum.