Why CNBC HATES Tesla Stock & Elon Musk
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Today we have a little discussion about why I believe CNBC hates Tesla and Elon Musk. They seem to always have a biased AGAINST Tesla stock or Elon Musk when the subject comes up. Let’s dig a little deeper and find answers.
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Well guys this video here today I’ve been wanting to do this video for months now. And finally I’ve gotten to the point where I’m like I have to do this video I have to discuss why CNBC truly hates Tesla I have watched massive amounts of content from.
CNBC in regards to Tesla over the past several months as well as just looking at their app and there always seems to be like negativity around Tesla when it comes to CNBC and they fabricate lies out there they literally the people that go on CNBC then fabricate lies and no one says anything about this and.
I’m like somebody’s got to say something about this Okay, so latest video from CNBC in regards to Tesla came out a day ago this video called analysts are divided on Tesla watch one investor make the bull case basically the CEO of Ark invest, which their biggest investment is in Tesla. She goes on and makes the bull case for Tesla and what was so disappointing about this is Becky quick who.
I actually have a lot of respect for probably the most respect for like anybody over there at CNBC. She was so negative in regards to like any questions about Tesla and it just you can just tell like the tonality is negative when it comes to Tesla. This is coming from Becky quick and it’s just like her of all people. They’re the guy doing it.
He’s just a smart Okay, Joe Kernan is a joke. everybody that knows anything about CNBC knows Joe Kernan is an absolute Joker. He’s the most annoying guy on CNBC by far and away, okay, and this guy constantly hates about Tesla and it’s basically like between the Becky quick in this.
Joe Kernan guy, they basically tried to like tag team and they keep interrupting her trying to like make her like seems stupid, or like she doesn’t know what she’s talking about, or that she’s just like, Oh, she’s just crazy in the head. Let’s just try to make this lady looks stupid.
They literally like if you watch the interview, you can clear as day see, like they’re trying to make her look stupid, especially Joe Kernan. And it was just so disappointing. Okay, now let me play another clip for you were one of the guys on the Fast Money show just completely tells a complete lie about Tesla and No one calls him out on it.
Let’s play that Prius is like 27 grand or something like that. Tesla’s lowest end is this new model three that we know is comes at like 55 G’s or something like that. So 55 G’s for a base model Tesla, what plan is this guy on you can literally you can literally go get a Tesla right now for under $40,000.
A model three you can get for under $40,000. And that’s before even taking into account how much money you’ll save on gas and the 30 $500 federal tax credit you’ll get back under $40,000. It’s unbelievable. This is like simple stuff. This isn’t like something that’s like really complicated.
It’s like you really have to know Tesla inside now to know this, okay, go to Tesla comm go to model three, you can buy a model three for $40,000. Today, not $55,000, I just bought the most expensive model three you can get, which is a performance edition. I paid $60,000 just over $60,000 for that car.
So it’s amazing. They can just fabricate lies out there. And no one calls them out on it like no one, like no one, like stepped up right there and just said, Dude, what are you talking about $55,000 for a base model three, you can get it for $40,000. And once again, that’s without even taking into account the 30 $500 tax credit, or any of the gas savings or maintenance savings or anything like that.
It’s baffling To me, it’s baffling to me, but we got to do some more research on this. We’re gonna do a little detective work here in just a minute. Okay, and to just show you a little bit more last night on cnbc.com, the CNBC app everywhere right on the front page, as opposed to all over Tesla loses key autopilot engineer to self driving startup.
Anytime any amount of negativity or anything that can be slightly wrapped around us like negative CNBC, we’ll take that opportunity to then go ahead and attack Tesla. And so you’re putting all these pieces together and it’s like clear as day like there’s a bias against CNBC, right? There’s no different than like, if you watch like Fox News, there’s a clear bias like toward Republicans, right?
And if you watch like CNN, there’s a clear bias toward Democrats. There’s like, no question about that, like, it’s clear as day you can see the bias, right? If you watch CNBC for long enough, there’s like a clear bias against Tesla. And it’s like, why is this? Why is this bias happening?
And they’re not the only stock I can talk about a few other stocks, but for this one, we’re just going to address Tesla. Okay. So let’s ask ourselves a few questions. Let’s start doing some detective work on CNBC. Let’s ask ourselves, what is CNBC worth?
Well, the last time we really had an evaluation around like the CNBC network, it was worth around $4 billion, but that was back in 2007. Needless to say, CNBC is a very valuable outlet. Who knows if it’s still worth 4 billion, maybe it’s worth more maybe it’s worth less we’ll have to see okay, but we got to ask ourselves some more deep questions.
Okay, let’s start doing some detective work on this instance, start putting the puzzle pieces together. Okay. Let’s go ahead and Google some stuff. Let’s Google who owns CNBC. Oh, NBC Universal is The parent organization of CNBC. Okay. So CNBC is owned by a company named NBC Universal. Okay. Now let’s go ahead and ask ourselves, is NBC Universal like, like a company that owns other companies?
Or is that owned by another company? So let’s say who owns NBC Universal? Let’s start getting to the bottom of this. And what do we find? We find Comcast is the one that owns NBC Universal, okay, this is getting very, very interesting. So CNBC is not it’s like, like separate company.
They’re owned by this company named NBC Universal, which is then owned by a big huge company, a parent company named Comcast. Okay, so we’re starting to get to the bottom of things. So let’s start thinking about this. How does Comcast generate most of its like revenue and profits, right, this massive company like, like, how did they actually do it? Okay.
Comcast generates more revenue from cable TV subscriptions than any other service it provides. Okay, this is very, very interesting. So basically, this company that owns CNBC makes most of their money from cable subscriptions. Okay. Very interesting. Okay. Let’s think about this, who are the biggest advertisers on cable?
So basically, what makes the cable model work is advertiser. So you go to watch your favorite show. And what do you see there’s a bunch of commercials in between that show right bunch of advertisements. And that’s what makes like the cable model work, right?
You turn on TNT, and like there’s a bunch of you know, commercials in between that movie or watching or that show you’re watching and the show might actually be an hour long, right? But really the show in terms of how much they actually show of the show, it might be like 35 minutes or 40 minutes.
Another 2025 minutes is a bunch of commercials. Okay? So basically, that means they’re making advertising money, right? So let’s ask ourselves, who are the biggest advertisers on cable? Let’s start doing a little more detective work here.
What do we find Ford Motor Company, one of the biggest advertisers in the entire United States when it comes to television advertising, who’s another one in General Motors, one of the biggest advertisers on the face of the earth, when it comes to advertising on television.
And this should come as no surprise you guys like turn on and turn on an NFL game in the fall time? Okay, tell me what advertising because you see, a lot of beer companies are gonna see a lot of like auto companies and Volkswagen for GM, you’re gonna see a ton of those type of commercials, right?
This is shouldn’t be no news to anybody. Like, these are some of the biggest advertisers in the world, and whose tests are coming after they’re coming after all these auto companies. Tesla doesn’t advertise on television. So if companies like Ford and General Motors get hurt, then they have less money to spend on advertising, if they have less money to spend on advertising.
That’s a bad thing for Comcast. Okay. Let’s ask ourselves another question. How much do insurance companies spend on advertising? It’s very interesting question, right. And I’ll explain why in just a second. Every year, insurance companies spend 6 billion plus dollars and by the way, this is 2015 numbers, numbers have gone up since this time, over $6 billion on television, radio and social media, which most of that money has gone toward television.
Okay. So this is very interesting. So if you’re what you’d like to, like, watch a cable show of any kind, okay? Or watch NBA Finals, you know, that was just happened, right? And you’re gonna see tons of insurance ads, you’re gonna see tons of car commercials, these type of things you see constantly when you watch like TV when you watch cable or something like that, right?
So these cable companies, a company like Comcast is benefiting huge from all that advertising money, right? On the insurance side. Let’s think about this for a minute. Okay, let’s think about the number of auto accidents per year in the United States of America, there are 6 million auto accidents every year in the United States of America.
Now, you might think this is bad for like insurance companies, auto insurance companies, but not really an end because they just get to, like charge more money, right? If there were hardly any accidents ever, then the amount of money we would have to pay to the auto insurance companies in terms of premium would be way, way, way less than we have to pay, right.
And so if we think about this, Tesla’s trying to move us into like a self driving world, right, like autonomous driving and whatnot, right? Well, when we have all autonomous cars out there, you know what’s gonna happen to the percentage of accidents, they’re gonna go down dramatically, they might not go to zero.
But I can guarantee you, when we have autonomous fleets and all cars are on like the grid, and they can all talk to each other. They can all communicate, they all have reaction times like Far, far quicker than a human, the amount of accidents that happen is going to shrink in a considerable manner.
Which then means that these insurance companies are not going to be able to charge these outrageous premiums that they charge nowadays, because there’s so many accidents nowadays, it’s easy for auto insurance companies to charge an arm and a leg for auto insurance because there’s 6 million accidents a year and then saying.
Well, there’s so many accidents a year we need to charge a lot of money to for insurance because you guys are always crashing into each other right? But if the say that shrinks from 6 million to 600,000, and then 60,006 1000 do surance companies even Have any position of power to charge? Or what happens if it shrinks to almost nothing?
Do we even need auto insurance at this point in time? These are the questions we have to think about. And if you’re thinking about why certain companies, certain media companies have a clear bias against another company, you kind of start adding up things together.
And you look at a company like Tesla is disrupting the auto manufacturers spend a ton of money on cable, right cable advertising, these auto manufacturers Tesla’s disrupting those in they’re disrupting the insurance industry. Because if we have autonomous fleets out there, the amount of accidents that happen, it’s going to shrink by a ridiculous rate.
So you start putting these things together, and it starts making sense why certain sides seem to have agendas against a certain stock like tests, okay. And keep in mind, this is not the only stock CNBC, I have noticed, like an agenda, a bias against it, and no one has called them out on this. And I think it’s fine. We have to, we have to like on the internet, we have to start calling out these big media outlets.
When they’re showing true biases, we have to call them out on it. Because if we don’t call them out, when they’re showing true bias like this, then we just let them get away with it. And then the public gets fooled by thinking whatever like they’re saying out there is the truth, when it’s not the truth.
That guy’s totally clear lie and no one called him out on it. $55,000 for a base model three, it’s 100% lie and not a soul call them out on in that panel, okay, in this type of stuff happens constantly in the media, simple stuff, not complicated stuff. simple stuff. Simple, massive lies told about Tesla, and no one’s talking about this guys.
And it’s clear, there’s agendas, and we’ve got to discuss it, and we’ve got to discuss it out there. And whether you like Tesla or you hate Tesla, you’ve got to at least acknowledge, like the biases that comes out like a lot of these firms.
They’re the biggest media outlets that are supposed to be the most trusted right? People are supposed to have their trust in some of these media establishment and how can you have trust when it’s clear biases there in clear lies being told guys, make sure you share this video with somebody you care about. Thank you for watching and have a great day.