The avoidance of in depth news on a large scale, as I describe below, absolutely affects TSLA market action!
An open letter to the New York Times, and other legacy news sources:
Once upon a time, you stood for something more: Integrity. Honesty. Authenticity. Disclosure. TRUTH.
You have lost a good portion of this in our modern age. I want it back. Others want it back.
A Challenge: There is a monumentally huge story to be told right now, and it's not being told by the larger news sources, like the NYT. Please. Tell it.
Why is it that an upstart AMERICAN car company, in business for barely 10 years, can come along in the 3rd quarter of 2018, and surpass the sales and US market share of a colossal behemoth like Mercedes-Benz, and it does not hit the front pages of your newspaper, or at least the front page of your business section, and include in depth investigative reporting as to how this could have happened, and what is going on?
Yes, really! This has occurred!
You, and the other legacy news organizations in the country have a massive story before you, and you are giving it the print space of a footnote.
A paradigm shift of epic proportions is occurring, and its story is begging to be told. Please. Tell it. Or, tell us why not!
Not only are American car manufacturers avoiding the shift from internal combustion engine drive trains to superior electric ones, but so are ALL the major car manufacturers from Germany, Japan, and Korea as well (China on the other hand, has taken the ball and is running with it). And no; we don't accept the token attempts by these makers at putting out space age looking concept cars, which show no signs of actually being produced for the market any time soon, as proof that they are stepping forward into the present reality. They do not want to make this transition. It is very clear. And there are very good reasons that this is the case. This is your story's material element! Tell it!
With massively locked up assets; in the form of equipment designed to produce certain kinds of drive trains, and capital invested in this equipment that will take many years to recoup, these entities simply cannot afford to drop their profitable products and make and offer others on a scale as large as would be necessary to succeed. Stranded assets!
And with an archaic dealership model that these manufacturers see no way to extricate themselves from, they are trapped!
If this is not the case, then I challenge you to speak to just what it is that is holding these companies back. After all; if Tesla has surpassed the 2018 3rd quarter sales of a company like Mercedes-Benz, then why wouldn't others want to jump on the reasons for this success as well? I'm telling you; there's a story here, and it's a big one!
I, along with many others, suspect that this story is not getting the attention it deserves because of YOU. You see, YOU are also trapped in the historic cage of reasoning that affects the automobile manufacturers. YOU are also threatened by this paradigm shift! Oh yes, you are! It's boldly plain to see.
ADVERTISING! You depend upon it for your very survival! And who are your advertisers? Well, right at the top of the list I see it's AUTOMOBILE COMPANIES! They pay you, and the rest of our legacy media billions of dollars a year for advertising their products! And they have been doing this for over a hundred years! Yes. And you need them. Can you see where I'm going with this? YOU are trapped as well. And you know it!
I know this challenge will go unanswered for now. But change has a way of happening; one way or another.This story is being told by the newer, smaller players in the media world. Those who are not entrenched with the older, monied interests. Your industry is being rebuilt, and joined by newer players who don't have the ball and chain of legacy around their necks, holding them back. And like Tesla in the 3rd quarter of 2018, in time they will one by one overtake the historic news makers, and reach larger and larger audiences with the full stories of our times that need to be told.
Change is upon us. What an exciting time to be alive!
