By Vivek Patil

February 19, 2023


Tesla, the car manufacturing company, is in the news for two reasons - its outspoken, hard tweeting boss - Elon Musk and the high volatility of its stock price. It's not uncommon for Tesla to experience fluctuations in its price over short periods of time.

The remarkable volatility of its price is influenced primarily by what expert investors think about Tesla and then followed by what regular investors think about expert investors. This is a complex interplay of opinions and actions as regular investors tend to follow the waves of the common sentiment around the stock price. Financial News Companies who cover the company and its market shape the sentiment as they are the first to report on breaking news, company development and trends.



Financial News Companies who cover the company and its market shape the sentiment as they are the first to report on breaking news, company development and trends. The coverage of its stock price can strengthen as well as weaken the investor confidence and can majorly influence the investment decisions.

For the purpose of our Analysis, we look at how Reuters, (one of the leading News wire agencies who cover markets), WallStreet Journal ( news organization with a huge investor readership) and Financial times ( an international news company based in London, also with business readers) covered Tesla in the last three months.



Understandably, Reuters being a global news wire agency, published over 1155 news reports on Tesla in the last three months. This reflects the significant impact that Tesla has had on the financial news cycle and its relevance to the investors.

The financial news cycle is as volatile as the stock market as the average news article per day. The constant flow of financial information and company development demands these legacy news companies to publish reports daily on Tesla.

Reuters had an average publishing count of over 12 articles per day, Wall street Journal with 5 articles per day and Financial Times averaged with 3 articles per day.




The last week of January was the busiest for all three news companies as the maximum number of articles published in a day falls in this week. While Reuters published their highest count of 39 articles on 26th January, WallStreet Journal published 17 on 25th January and Financial Times their highest of 10 articles on 26th January.



We can see that all these three companies reported in simailar fashion. They reported on the bullish phase more than the bearish phase.



So What happened to Tesla during the last Week of January?


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This was the week when Tesla announced its Q4 earning results, beating analyst expectations. The company reported earnings of 1.19 $ per share, which exceeded the predictions of 1.13$ per share. In that week, Tesla also reported that they generated a revenue of $24.32 billion, surpassing the predicted $24.16 billion, a 33% increase from the same quarter last year.


Learn more about the data analysis in this story.