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Comment by grecy | Hacker News Reader

There's clearly A LOT of money in play with regards to Tesla and SpaceX succeeding, and I think it has become extremely common to bash both companies at every possible opportunity.

The old money absolutely does not want these two companies to succeed.

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It’s a lot simpler than that. A lot of people dislike Elon Musk and so negative stories and/or misleadingly negative headlines related to him generate engagement.

Which is entirely his fault though. People dislike him for his behavior, not because he's rich or upsets the established companies.

Couldn’t agree more.

Still implies that the journalists involved are deliberately spreading misinformation due to a personal vendetta. The primary victims are the ones who trust them.

Tesla/SpaceX had way just as many negative headlines when Elon himself was pretty popular.

Wildly different cases, though. SpaceX occupies a unique and valuable space as a contractor, tesla is a consumer manufacturer being outcompeted at their own game.

> being outcompeted at their own game.

Tesla is the largest EV manufacturing the world, has the best EV margin in the business and is still growing very fast for such a large company.

If that's what 'outcompeted' means, I wish my company was being 'outcompeted.

> Tesla is the largest EV manufacturing the world.

It isn't. See BYD Auto.

If you count PlugIn Hybrids, not BEV only. I don't, because there is good evidence that many people use them more like normal hybrids then EV. Then you just have a less efficient expensive hybrid.

But that's just pedantic and even if it is true, they are still very large and successful.

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