Tesla Inc TSLA inventory was an enormous gainer after President Donald Trump gained the 2024 presidential election and has remained unstable since November, with the president not too long ago publicly endorsing Tesla and saying he hopes the inventory value goes up.
What Occurred: Whereas the president and a few politicians are pushing for Tesla inventory to go increased, a brand new documentary might need buyers questioning the electrical automobile firm and CEO Elon Musk’s push into politics.
A brand new documentary titled “Tesla Information” is ready to be unveiled at CPH:DOX pageant, which runs by way of March 30, as reported by Selection.
The documentary can be proven as a work-in-progress on the pageant with Mediwan’s Beetz Brothers producing the movie. Andreas Pichler is the director of the documentary.
“Tesla Information” is known as after 100 gigabytes of leaked inner information offered by whistleblower Lukasz Krupski, who beforehand labored for Tesla in Norway.
Krupski was fired from Tesla in 2022. The whistleblower beforehand claimed Tesla’s self-driving expertise was not protected for public roads whereas he labored on the firm.
The documentary examines the whistleblower’s claims and testimonials from different former Tesla workers.
“We needed to maneuver past the info and present the human value — households affected, victims, attorneys attempting to combat again. These tales are painful and international,” Beetz Brothers CEO Christian Beetz instructed Selection.
The movie will discover what it calls, “The Elon Musk System,” which is how the Tesla CEO broadcasts concepts, executes the concepts “and relentlessly pushes ahead technological options, typically on the expense of fact and with actual human penalties.”
The report stated “Tesla Information” suits three narratives of Musk’s grip on Tesla and his transformation right into a political strategist, sufferer tales brought on by self-driving and a sample of cover-ups and regulatory evasion.
The documentary can be produced by an unspecified German public broadcaster and streamer in line with the report.
The Beetz Brothers are identified for his or her work on political and investigative tales.
The movie comes as Tesla is beneath investigation in Europe and by the U.S. Division of Justice.
“The timing of Musk’s political rise raises severe questions — was it a transfer to guard himself from accountability?” producer Anne Von Petersdorff stated.
Learn Additionally: Tesla Massacre To Proceed? Hedge Funder Says ‘Musk Circus’ Might Lead To Inventory Dropping 95%
Why It is Vital: Whereas it may very well be months earlier than the documentary hits TV networks, film theaters or streaming platforms, “Tesla Information” is one in all a number of leisure options within the work that might solid a unfavorable mild on Musk and Tesla.
Oscar-winning documentary filmmaker Alex Gibney can be engaged on a movie about Musk. The Tesla CEO labeled this movie a “hit piece.”
There may be additionally a function movie within the works on Musk’s life primarily based on the biography by Walter Isaacson, who had full behind-the-scenes entry to Musk throughout a number of key moments of his life lately, together with the buyout of Twitter in 2022.
Director Darren Aronofsky is helming the Isaacson biography movie for A24.
The quite a few Musk and Tesla movies within the works might put the electrical automobile firm within the highlight, each positively and negatively.
With considerations over model rankings and gross sales in Europe, Tesla might see continued unfavorable sentiment and strain all through 2025.
TSLA Worth Motion: Tesla inventory is up 9.44% to $272.20 on Monday versus a 52-week buying and selling vary of $138.80 to $488.54. Tesla inventory is down 28% year-to-date in 2025, whereas shares stay up 58% during the last 12 months.
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