Despite being the most successful electric car manufacturer and a pioneer in clean energy, why is there so much NEGATIVE NEWS on Tesla? Who is actually profiting from all those negative news stories? We have been asking ourselves these questions for a long time. Now we share with you the both sad and disgusting answer in this video.
First, big oil companies and legacy car makers obviously see their existence being threatened by the increasing popularity of Tesla cars. Unfortunately, these traditional companies often have a huge influence on national governments and mainstream news media. As a result, news articles about Tesla are often negatively biased.
We are not saying that the negative news on Tesla don't have any truth in it, but the news media is deliberately highlighting any tiny adverse story about Tesla they could find. At the same time, any positive development of Tesla and any positive impact of electric cars on our society are presented in a minimalist manner.
For example, you might have heard of a lot of "Another Tesla car caught fire" headlines during the last three years. Therefore, an electric car must be much more dangerous than a gasoline or a diesel car, right? Because a gasoline or a diesel car never burn, right? Absolutely NO! According to a report from the National Fire Protection Association of the US, there were 174,000 vehicle fires only in 2015. But why does nobody mention this pretty relevant statistical detail in any of those Tesla fire news? Hmmm.....
Besides the major players in the automobile industry, Tesla shorters from big hedge funds are another important driving force behind the aggressively negative news headlines on Tesla. By exaggerating any negative development of Tesla or Elon Musk, financial manipulators have been making huge profits from the sudden and dramatic drops of Tesla stock.
This market manipulation strategy is called FUD: Fear, Uncertainty, and Doubt. It's not a new disinformation strategy, but many people are still unaware that this strategy is currently being systematically used against Tesla. Something very familiar to us from the bitcoin and crypto currency space.
We hope we could bring a little bit light behind the constant flood of the biased news report on Tesla, and we are curious to hear your thoughts in the comment section!
------- Interesting resources to look up: -------
Statistic on vehicle fires released by the National Fire Protection Association:
https://www.nfpa.org/News-and-Research/Data-research-and-tools/ARCHIVED/Fire-statistics/Vehicle-fires/Highway-vehicle-fires
Market manipulation explained by NASDAQ:
https://www.nasdaq.com/article/5-market-manipulation-tactics-and-how-to-avoid-them-cm946807
and different manipulation strategies explained on Wikipedia:
https://en.wikipedia.org/wiki/Market_manipulation
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