4 ms·

I'm not surprised there is a massive, coordinated attack against Musk and Tesla. What surprises and disappoints me is that the mainstream media has fallen for i

I'm not surprised there is a massive, coordinated attack against Musk and Tesla. What surprises and disappoints me is that the mainstream media has fallen for it so completely. One theory I have heard is that the media gets a big part of its advertising revenue from the ICE auto manufaturers, and they have been pressuring them. I don't know if that is true, but it sounds plausible to me.

Nasrudith 8y ago
The mainstream media acting like congress courting lobbyists isn't too surprising at this point. Their profits and margins are down from their peak and they were getting bought out by billionaires since Rupert Murdoch at the very least and the trend has continued. They have had an increasingly luddite bent and have grown openly hateful of tech companies as they found themselves losing to fact checking websites and social media in accuracy and wide spread reach. Furthermore they spare the actually widespread hated telecom monopolies like Comcast - who advertise frequently with them. Not soley them but they have many reasons to be biased. Plus their tendency to go with what they think will drive views and money. Tesla's valuation is something that should be legitimately swingy in my opinion - their future path while it has longterm viability how long until setbacks slow advances or allow others to catch up or surpass them. There are plenty of pioneering companies who made great strides in a field only to ultimately go bankrupt. Electric cars are a clear part of the future given efficiency and many reasons to improve batteries aside from them but Tesla being the one to end up in the lead much less a winner on year by year time tables is less certain. Disclaimer I own a few shares of TSLA in case it becomes the next big thing. A small loss so far but it may rise again.

4 ms·

I'm not surprised there is a massive, coordinated attack against Musk and Tesla. What surprises and disappoints me is that the mainstream media has fallen for i

by woodandsteel 8y ago

Nasrudith 8y ago
The mainstream media acting like congress courting lobbyists isn't too surprising at this point. Their profits and margins are down from their peak and they were getting bought out by billionaires since Rupert Murdoch at the very least and the trend has continued. They have had an increasingly luddite bent and have grown openly hateful of tech companies as they found themselves losing to fact checking websites and social media in accuracy and wide spread reach. Furthermore they spare the actually widespread hated telecom monopolies like Comcast - who advertise frequently with them. Not soley them but they have many reasons to be biased. Plus their tendency to go with what they think will drive views and money. Tesla's valuation is something that should be legitimately swingy in my opinion - their future path while it has longterm viability how long until setbacks slow advances or allow others to catch up or surpass them. There are plenty of pioneering companies who made great strides in a field only to ultimately go bankrupt. Electric cars are a clear part of the future given efficiency and many reasons to improve batteries aside from them but Tesla being the one to end up in the lead much less a winner on year by year time tables is less certain. Disclaimer I own a few shares of TSLA in case it becomes the next big thing. A small loss so far but it may rise again.