Wednesday, September 12, 2018

"Fake News" in the Automobile Business

It's interesting what we see and how people categorize stories. It's even more interesting in the Trump era when he's calling anything he doesn't like as "fake news". The social media and other internet news sites add to the confusion.

Well, here's an interesting article reporting a bit of news you won't likely see anywhere else. I read a lot of pop culture article headlines about both Tesla and it's CEO, Elon Musk (weird name, what). This article gives some basic info which changes the picture significantly.


Of the top 5 cars sold in America, the reports says the only America-based corp car is Tesla. The others are 2 Honda and 2 Toyota models. But, more than this, if you count units sold Tesla is 5th and if you count dollar value of sales, Tesla is #1. Their car is valued higher than the other 4, so total sales times $ value makes Tesla's revenue from sales of this one model (Model 3) the #1 seller in America.

Have you seen anything like that in the news or on any web sites? I haven't. All I've seen was pics of Musk smoking pot while criticizing weed's effect on a person's creativity.

Tesla doesn't even have dealerships across the country. Some states have outlawed selling of Teslas. There aren't many charging stations. Yet they're #1 on that one model.


Isn't America an amazing place.

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