It's incredible how Tesla used to lose a few hundred million a year and analysis shows would freak out claiming they'd never be profitable. Now Rivian can lose 5 billion a year and I don't hear anything about it, and OpenAI can lose 11 billion in a quarter and Microsoft still backs them.
I do think this is going to be a deeply profitable industry, but this feels a little like the WeWork CEO flying couches to offices in private jets
I do think this is going to be a deeply profitable industry, but this feels a little like the WeWork CEO flying couches to offices in private jets