[mulligan]

R&D is an investment not a loss. It might be the case Meta is wasting money and isn't finding a viable path to a product, but that is yet to be determined.

do we see headlines describing how much Alphabet has "lost" on Waymo? or how much Toyota has "lost" on EV development?

why fall for that framing here?

[rcme]

One of the reasons Google changed its corporate structure to Alphabet was so that investors could see how much Google's moonshots were costing. So yes, we did see headlines about how much Google was losing and, as an investor, you should definitely care about the price tag of such endeavors.

[rhaway84773]

Investments can also be losses. So just because something was an investment doesn’t mean it can’t now also be a loss.

[thisarticle]

Toyota bet big on hydrogen, not EVs. Now they are regretting it and shifting course, as of this past week.

[_hypx]

EVs are a mistake. They are unsustainable. In the long run, all car companies will have to shift to hydrogen, no matter what.