Waiker AI Beats Global Media in Reporting Elon Musk’s Tesla Share Sale

Waiker’s AI-powered ‘Seohakgaemi-Bot,’ in partnership with Chosun Ilbo, made history on November 11, 2021, by being the first to report Elon Musk’s Tesla share sale, beating Bloomberg by 20 minutes.

The AI bot published the headline “Elon Musk Sells $4.6022T KRW Worth of Tesla Stocks through Trust Agreement” at 8:25 AM KST. During the 20-minute lead time before Bloomberg’s report, Tesla’s stock price declined approximately 2.5%.

The sale followed Musk’s Twitter poll asking whether he should sell 10% of his Tesla holdings, which received majority support from voters. After the transaction, Musk’s holdings decreased to approximately 1,220,481 common shares, representing about 0.12% of Tesla’s total stake, excluding stock options.

Seohakgaemi-Bot, developed through Waiker’s collaboration with Chosun Ilbo, processes U.S. stock market information specifically for South Korean investors. The AI system analyzes SEC filings and converts them into news articles within 8 seconds, overcoming the challenge of non-standardized U.S. company filings through advanced natural language processing technology.

This breakthrough reporting has drawn significant attention from both domestic and international media outlets, as well as the financial industry, validating Waiker’s AI technology for its speed and accuracy in financial news reporting.

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