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Seems obvious to me. Tesla has an absurd valuation. Their CEO is the richest person alive (or was at one point) and has a cult-like status amongst many online f
by ShamelessC 3y ago
Seems obvious to me. Tesla has an absurd valuation. Their CEO is the richest person alive (or was at one point) and has a cult-like status amongst many online fans. This person has historically used his loudspeaker to lie, pump, dump, you name it. Finally, Tesla as a company is premised on subverting an existing industry with very established players - it’s entertaining news when that doesn’t go according to plan.
Probably similar reasons why the press jumped all over every Apple mistake when Jobs was around.
- jjguy 3y agoAll this, but there is also some negative PR getting funded, presumably by the incumbent car manufacturers threatened by Tesla. Remember that NYT article came out in 2018 that painted such a terrible picture of Elon (1)? A year later it showed up on my Facebook feed as a paid advertisement. Who pays to promote a year-old news article?
- yifanl 3y agoI wonder if they actually want Tesla to succeed (or at least partially). Because if its true that an auto manufacturer can achieve those valuations, then they can too.