avatarCedric Boogaerts

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he subscription) I was shocked at how stupid they are. Of course, 90% of their income comes from selling EVs because they are a car company. Am I the only one who thinks they are morons?</p><p id="9442">And by the way, why don’t they criticize Ford, GM, or Chrysler? All of their income comes from selling cars.</p><p id="4516">They also went on to criticize Nvidia because 85% of their income comes from chips. The chips in your computers, not fish and chips.</p><h2 id="5ca6">Argument #2:</h2><p id="6be0">Their second argument was:</p><blockquote id="4ba2"><p>Nvidia has crashed 40%, Meta has crashed 40%, Netlfix has crashed 20% but Tesla has only crashed 20%. This must mean that Tesla will fall even more.</p></blockquote><p id="2cad">I can’t even express my frustration, my anger, and my confusion.</p><p id="3e73">You can’t just say that a Tesla will crash 20% because Nvidia, Netflix, and Meta crashed 40%. If this thesis was correct then the entire stock market would have collapsed by now.</p><h1 id="37d4">Final Thoughts</h1><p id="2c73">Before this article came out, I respected Bloomberg. But now, this respect has vanished into thin air, just like my investing portfolio.</p><p id="ebf5">Have an amazing day! Please don’t commit suicide like I am going to do.</p><p id="81ca"><i>This might be a joke, or not</i></p><h2 id="8598">Before you go:</h2><p id="fe9e">You might want to read my other articles so you won’t get depressed:</p><div id="cfbe" class="link-block"> <a href="https://medium.datadriveninvestor.com/how-elon-musk-turned-tesla-into-a-1-trillion-company-ea8acc389057"> <div>

Options

<div> <h2>How Elon Musk Turned Tesla into a $1 Trillion Company</h2> <div><h3>They nearly went bankrupt 3 times</h3></div> <div><p>medium.datadriveninvestor.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*BjCpz4JPXYPK9e7N)"></div> </div> </div> </a> </div><div id="b57c" class="link-block"> <a href="https://readmedium.com/the-story-of-the-paypal-mafia-695d9a69a2f8"> <div> <div> <h2>The Mafia That Controls the Tech World</h2> <div><h3>The story of the PayPal mafia</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/1*7j7oUIohked558P-ZrBSLQ.png)"></div> </div> </div> </a> </div><div id="02a3" class="link-block"> <a href="https://readmedium.com/7-articles-in-march-how-much-did-i-earn-63311a76dc79"> <div> <div> <h2>7 articles in March, How Much Did I Earn?</h2> <div><h3>Earning money on Medium is though…</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*qZQI8ej2ekwSCT7f)"></div> </div> </div> </a> </div></article></body>

Tesla I Bloomberg I Collapse

This Company has the Biggest Influence In The World

How one company can crash another

Photo by Igor Wang on Unsplash

If you are a Tesla shareholder, you might be wondering: why is Tesla down 11% today? Did they report terrible earnings? Is Tesla going bankrupt? Did Elon Musk die?

No

It’s all the fault of a media company called: Bloomberg

When Bloomberg enters the story

Bloomberg is one of the most influential media companies in the world. They have a service called the Bloomberg terminal. Unfortunately, many of you guys won’t be able to join this service because it costs $24.000 per year.

Cheap, right?

Tesla was doing just fine before the stock market opened, it maybe was up 0,5%. Then Bloomberg decided to release an article about Tesla.

Their first argument was:

They started by admitting that Tesla had phenomenal earnings which is true. But then they said that Tesla’s income isn’t diversified because 90% of their income comes from selling EVs.

When I read this from another source than Bloomberg (I, unfortunately, can’t pay for the subscription) I was shocked at how stupid they are. Of course, 90% of their income comes from selling EVs because they are a car company. Am I the only one who thinks they are morons?

And by the way, why don’t they criticize Ford, GM, or Chrysler? All of their income comes from selling cars.

They also went on to criticize Nvidia because 85% of their income comes from chips. The chips in your computers, not fish and chips.

Argument #2:

Their second argument was:

Nvidia has crashed 40%, Meta has crashed 40%, Netlfix has crashed 20% but Tesla has only crashed 20%. This must mean that Tesla will fall even more.

I can’t even express my frustration, my anger, and my confusion.

You can’t just say that a Tesla will crash 20% because Nvidia, Netflix, and Meta crashed 40%. If this thesis was correct then the entire stock market would have collapsed by now.

Final Thoughts

Before this article came out, I respected Bloomberg. But now, this respect has vanished into thin air, just like my investing portfolio.

Have an amazing day! Please don’t commit suicide like I am going to do.

This might be a joke, or not

Before you go:

You might want to read my other articles so you won’t get depressed:

Elon Musk
Tesla
Bloomberg
Stock Market
Investing
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