Hacker News really really really seems to think the stock market is solely focused on short term results, meanwhile, Tesla is valued at $770 billion dollars because they maybe might create a valuable energy business sometime in the future.

Other examples are Uber, DoorDash, Lucid Motors, etc... money losing companies with nosebleed valuations because investors believe in the long term.

you are severely underpaid for someone with > 2000 karma on hn. Someone here should offer you a better paying job.

Kinda... but Elon has a controlling class of shares that would maintain total control even after an IPO. Still a hassle and subject to shareholder lawsuits though.

It also creates incentive for short traders to create negative publicity.