The next month may be one of the most important for #Pravduh about #Tesla, because the people — including shareholders and potential investors on the sidelines — are being misled.
Tesla’s Gigafactory 1 in Nevada is a proof of concept. Originally, the factory was supposed to be completed in 2020, have a production capacity of 35 GWh of battery cells and 50 GWh of battery packs, and employ 6,500 people. In 2017, these plans were altered publicly, as Elon Musk claimed that the company found a way to use space more efficiently and set a new goal of 105 GWh of battery cells and 150 GWh of battery packs. That would also mean employing around 10,000 people when complete.
This week might be one of the worst FUD repost weeks since Elon’s Weedgate FUD catastrophe. Tesla announced at the end of the week that it will be cutting 7% of its workforce.
This past week was one of the most positive and least negative we have had so far with regards to Tesla headlines in the mainstream media, but it doesn’t actually break any records. There were a few unusual things about the news coverage this week. For example, Bloomberg was extremely positive. That said, a lot of news can’t be categorized easily in a topic group of recurring headlines, and more so when not related to Tesla stock. Two good examples this week:
This week, we have a very special report for a variety of reasons. Ever since we started our Pravduh initiative, people have suggested other news sources. So, we decided to add multiple new news sources in 2019, also going all the way back to September 1st (collecting and rating all articles from these sources) in order to maintain the ability for month-to-month and year-to-year comparisons. The news sources being added are: CBS, NBC, Los Angeles Times, Washington Post, New York Post, and Huffington Post.
This last full week of 2018 was a lot more positive than the previous week when it comes to Tesla coverage in major media outlets. In fact, percentage-wise, it’s the most positive week since we started tracking in September. Two new board members greatly contributed to this, as did the cumulative effect of the Model 3’s amazing success story.
This past week, the stock market kept panicking, everyone was looking at what is going on in the White House, and the most positive major thing that happened was Elon Musk unveiling the first Boring Company tunnel. At the same time, there was a lot of negative news regarding Tesla: 10 stories related to the stock market, 10 about a few people departing Tesla, 6 about the spontaneous combustion of a Tesla Model S (whose battery was apparently shot — like, with a gun), and the rest on various other topics.
Only a week to go till Christmas and Tesla failing seems to be on the wish list of certain journalists, but because their paycheck probably comes in part from fossil fuels, a lump of coal is all they will get for their troubles.
Some of the headlines that we saw this week were so outrageous that they have no place in the mainstream media, a tabloid maybe. This is what we mean:
As the title implies, the bulls and bears are back, even if the amount of “vocal” bears have diminished in numbers. At first glance, this might not be very visible. After all, there is less negative news this week. However, if you check the recurring headlines chart, the number of articles related to the stock market has gone up significantly. That doesn’t even include the articles that mention that Tesla might choose to pay off debt with stock.
As promised in last week’s #Pravduh about #Tesla report, here is a breakdown of all the publishers we track and how their coverage has changed over the past 3 months. We were also planning to release a breakdown of the authors. However, since this article is already quite long, we decided to postpone that till next week.
