Tesla registration are down . . . again

Discussion in 'Tesla' started by bwilson4web, Jul 16, 2020.

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  1. bwilson4web

    bwilson4web Well-Known Member Subscriber

    Ethical journalist report the whole picture and not 'cherry pick' one set of data. Unfortunately Reuters did that in January and July just for Tesla registrations:

    Source 1: https://finance.yahoo.com/news/tesla-vehicle-registrations-california-dropped-062312310.html

    (Reuters) - Tesla Inc’s (TSLA.O) vehicle registrations nearly halved in the U.S. state of California during the second quarter, according to data from Cross-Sell, a marketing research firm that collates title and registration data.

    Source 2: https://www.reuters.com/article/us-tesla-registrations/tesla-registrations-in-california-nearly-halve-in-second-quarter-data-idUSKCN24H005

    Tesla Inc (NASDAQ: TSLA) car sales in California plunged by nearly a half in the quarter ending June, according to data released by marketing research company Cross-Sell on Wednesday.

    Reading AutoLine.TV's daily report we find the big picture that everyone, not just Tesla owners, are holding back on new purchases:

    Source 3: http://www.autoline.tv/daily/?p=69156#more-69156

    The virus is surging again, and Cox Automotive reports that 71% of consumers are very concerned or extremely concerned about the surge. Deloitte reports that one out of three Americans who are still employed are afraid of losing their jobs. And nearly half of all car owners say they’re going to keep the car they’ve got instead of buying a new one.

    I'll try to contact Reuters and suggest their two articles are misleading because they do not include the whole automotive industry trend. Cherry picking on just one company is journalistic malpractice.

    Bob Wilson
     
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