Sandy Munro sounds off on Tesla layoffs and Elon Musk hate
$Tesla(TSLA.US$ $BYD COMPANY(01211.HK$ $NIO Inc(NIO.US$ $XPeng(XPEV.US$ The article reported that manufacturing industry expert and Tesla supporter Sandy Munro has shared his thoughts on the recent layoffs at the company and a few spicy takes on mainstream media and hate for Elon Musk. I summarized 3 points he made:
1) Along with discussing multiple of the departments that were affected by Tesla’s layoffs, Munro thinks that the move is a necessary business decision.
2) He blasted the media like CNN saying reminded us to be careful on what you read from the newspaper (or media).
“They’re all under the bus as far as I’m concerned for stirring the pot and spinning the company’s situation as negatively as possible to sell their newspapers. I got all upset because I’m sick and tired of getting… We have to be careful about what we see, what we hear, and how we interpret it. These guys basically want to pick your pocket. These guys who are in the news, all they want to do is sell newspapers, and they know to catch your attention. We call it click bait."
3) He defended Elon Musk and gave some examples of what he has contributed. Besides building a Starship to go to Mars, Munro goes on to list a number of the other things Elon Musk has brought to the world, including the Cybertruck and its 48-volt vehicle architecture and ethernet “etherloop” system, as well as rear-wheel-steering and steer-by-wire.
My Take: I have the same feeling about the media as shared by Sandy Munro. Tesla and EM are sometimes the victim of the negative bias media. Hence I always remind myself to dyodd when seeking info from the media. I tried to have a "balanced" view about a stock by reading both sides -positive and negative. By comparing and verifying the source of information, you can avoid emotional trading like panic sell (fear) and fomo buy (greed).
From YouTube
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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103973469 : That’s so true especially CNN and Reuters!
72948725 : Everyone should listen to reliable celebrity speeches and carefully analyze “insider information” from “people familiar with the matter”
ZnWCOP 103973469: And Wall Street Journal.
Elon Musk said would devote more time to Tesla ending rumour that he's stepping down.
https://www.moomoo.com/community/feed/110365406986246?share_code=00EINv
72734102 : anti free speech Reuters n CNN etc all FEAR Elon Musk! They spew Propaganda to hurt Elon who is trying to SAVE Mankind from over Woke insanity.