Hacker News Reader

This financial loss is a report at a point in time about that point in time. A company's valuation is also reported at a point in time but it represents an aggregation of how much profit the company might generate across time (please forgive the layman's understanding). They are apples and oranges.

We're at now now...

By Musk, from a company who was doing an IPO and has to deliver flashy things fast.

Don't overestimate the relevance to this.

capitalism optimizes for crap

Ugh, capitalism