Going Viral: The Fake Tesla Deal Release

The video discusses a fake press release claiming Tesla acquired Lithium Corporation, which led to a significant stock price jump. The release was later confirmed as fake, with no deal between the companies. Lithium Corp expressed willingness to engage with Elon Musk, who has shown interest in lithium mining. The video highlights the importance of lithium in EV batteries and the challenges in its extraction.

What was the market reaction to the fake news about Tesla acquiring Lithium Corporation?

• The stock prices decreased by 280%.

• The stock prices remained stable.

• The stock prices dropped significantly.

• The stock prices jumped by 280%.

Which company was falsely claimed to have been acquired by Tesla in the fake press release?

• Riffin Corporation

• Five W Public Relations

• Lithium Corporation

• Bloomberg Terminal

How did Lithium Corporation respond to the fake news?

• They confirmed the acquisition.

• They announced a partnership with Tesla.

• They issued a press release denying any deal with Tesla.

• They remained silent on the issue.

Why did Tesla not respond to the fake press release?

• They were not aware of the release.

• They confirmed the news privately.

• They were in talks with Lithium Corporation.

• They disbanded their communications department in 2020.

What is the main challenge in lithium production according to Elon Musk?

• Lack of lithium supply worldwide

• Competition from other companies

• Issues with lithium extraction

• High cost of lithium