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Be very careful of the language in articles about EVs. They seem to try intentionally to mislead. Here is what this article says: > Tesla and its nearest riva
by thebruce87m 3y ago
Be very careful of the language in articles about EVs. They seem to try intentionally to mislead.
Here is what this article says:
> Tesla and its nearest rival in electric car volumes, China’s BYD, have both reported lower electric car sales.
Yet, BYD sales are up when you compare to the same quarter last year. Yes, they are down from Q4 but that’s not apples to apples, is it?
https://www.reuters.com/business/autos-transportation/byd-may-hand-back-top-ev-seller-title-tesla-after-q1-sales-decline-2024-04-02/#:~:text=BYD%20sold%20626%2C263%20units%20of,second%2Dhighest%20monthly%20sales%20tally https://www.reuters.com/business/autos-transportation/byd-ma....
> BYD sold 626,263 units of all vehicle types in the first quarter, up 13.4% from a year earlier, but down 33.7% from a record quarterly high of 944,779 in the fourth quarter, the stock exchange filing showed.
> March sales were 302,459 vehicles, a 46% jump from a year earlier and its second-highest monthly sales tally. BYD reported an all-time monthly high of 341,043 units in December.
There’s even a graph here in this article with a similar doom-and-gloom headline that shows that Q1 is always the lower quarter for BYD: https://www.ft.com/content/1f18cf1f-8b28-446a-81d2-86555f52a6e8 https://www.ft.com/content/1f18cf1f-8b28-446a-81d2-86555f52a...