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Tesla discloses it spent $200k advertising on X

cnn.com

51–53 of 53 posts

Re: Tesla discloses it spent $200k advertising on X

#51

I guess its news because of his 2019 tweet, but I think its fair to say his strategy will change over time. To be really fair, he personally spend 40b+ on 'free' advertising to all his companies, every time he tweets, millions of potential people see it.

Arguably kind of _negative_ advertising, though. Like, I'm not sure people are buying Teslas _because of his tweets_.

My understanding is that car advertisements are to fight buyers remorse mainly. You just bought some F150 and are having second thoughts, all of a sudden you see a commercial where its going up and down various mountains.

Re: Tesla discloses it spent $200k advertising on X

#53
post #13

Earlier quoted context omitted.

The article covers this. Quite well in fact. A public company where the owner had said “Tesla does not advertise or pay for endorsements” had said they were going to start doing that and this is following up on that. These sorts of things are generally note worthy for public companies. “Instead [of advertising], we use that money to make the product great.” That they feel the need to start advertising might mean the…

You are right that is exactly what I did. I did not need to read the article to know what they are talking about. A company maturing and doing what every other company is doing is not however interesting. The only reason it is a story is because it is an Elon company. Personally what I find strange is how people perceive Twitter comments as somehow a contract with the public. People say lots of things, the smart ones…

So you argument is that Elon Musk is unimportant? That statements made to investors is unimportant? That changes made about quality and spending and where money is being used is not important to investors for publically traded companies?

That's an odd stance to take.

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