I think this is a great idea by a great visionary of our time. Hopefully it will force journalists, media publications and editors to step up otherwise they will quickly lose credibility as their ratings drop.
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I'm a fan of Elon Musk. Yes, they might step up or they could just ignore the website completely considering that all opinions are of amateurs like you and I who are not entitled to "judge" their news.
His visions are great though.