Mountain made from a 30% mole hill

Discussion in 'Tesla' started by bwilson4web, Nov 27, 2018.

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  1. bwilson4web

    bwilson4web Well-Known Member Subscriber

    Whenever I see a title shouting a percentage, I instantly know they are most likely lying:

    Tesla's vehicle sales in China sank 70 percent last month from a year ago, the country's passenger car association told Reuters on Tuesday, underscoring how the Sino-U.S. trade war is hurting the U.S. electric carmaker.

    An official from China Passenger Car Association said data from the industry body showed Tesla sold just 211 cars in the world's largest auto market in October.
    . . .

    So looking at raw numbers:
    • 211 (30%) - Oct 2018, in China
    • 703 (100%) - Oct 2017, in China
    • 80,142 (100%) - Production in Q3 of 2018
    • 26,714 (33%) - Production for one month, Q3 of 2018
    • 2.6% - maximum, China share of Tesla production in one Q3 of 2018 month
    • 0.8% - reported 211 cars, China share of Tesla production of Q3 of 2018

    Bob Wilson
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  3. marshall

    marshall Well-Known Member

    That's typical for news providers, conservative and progressive. They don't give you the whole story.

    A course in statistics in high school would probably be more valuable then a course in precalculus to many students.
  4. Domenick

    Domenick Administrator Staff Member

    Thanks, Bill. I saw the headline but didn't have a chance to check it out, since I just put it down to batching, mixed with tariffs.

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