Polestar EVs Take Business Insider’s “Car Of The Year” Honors
In a break from tradition, both of the Polestar production EVs have tied for Business Insider’s “Car of the Year” Honors for 2020!
In a break from tradition, both of the Polestar production EVs have tied for Business Insider’s “Car of the Year” Honors for 2020!
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.
Before we start, we would like to give a shout-out to Zac & Jesse from the YouTube channel “Now You Know” for mentioning our reports on their show. You guys are awesome!
Some might say this has been a slow news week for Tesla. There were only 122 articles this week and the average over the past 9 weeks is around 190. This slow news week, however, is quite artificial. It’s a choice, because there was plenty of news that the mainstream media just decided to not report at all or only briefly cover.
Recently, there was a misinformed article from Linette Lopez of Business Insider titled “Tesla needs over $1 billion in cash over the next 6 months, and Wall Street is going nuts figuring out where it’s going to come from.”
I am writing this piece to refute what was said.
Last week included record-shattering production and delivery numbers from Tesla and thus a dramatic shift in the US automotive market. The American-made Model 3 became the 4th highest selling car in the United States and was for the second month in a row the highest grossing car in the United States. It was the only car in the top 7 produced by an American car company. Furthermore, the Model 3 totally demolished the competition in the luxury car market and Tesla as a whole was the top selling luxury vehicle brand in the country. The week also included an SEC lawsuit regarding some of Elon’s tweets and a settlement regarding that lawsuit. How did the headlines match up with that news and more? Read on to find out.
In our first week tracking Tesla headlines across major media outlets, several things stood out to us. One of the big takeaways was that a few major media sites routinely publish a ton of articles about Tesla. Furthermore, those same media sites have demonstrated an overall negative slant on the company.
I’ve been curious lately — how has Tesla coverage in the mainstream media evolved over time? Has Tesla coverage always been batshit crazy? Or is that a relatively new thing?
Last week, I wrote about dramatically negative press sentiment about Tesla that was prevalent 10 years ago. The company was sure to die any day, according to smart dudes at The Truth About Cars, the New York Times, and most outlets in between.
Well funded fear-mongering PR machines are taking advantages of the vulnerabilities of the press and other media and Tesla and Elon Musk are at the intersection of their attacks.
Before people start placing Linette Lopez on a pedestal, note that she is a “champion of Tesla FUD” only outside the realms of Seeking Alpha. It appears the Tesla writers on Seeking Alpha are in a competition about who can create the most outlandish theory about Tesla’s finances, preferably completely devoid of reality, whereas Linette Lopez is more your run-of-the-mill yellow press reporter.