Tesla Motors Inc (TSLA) Data: Who To Trust

wall-street-etfThe Wall Street Journal and Tesla Motors Inc (NASDAQ:TSLA) CEO Elon Musk have disputing data on sales. David Zoia, WardsAuto editorial director, clears up the numbers.

Tesla Motors Inc’s (NASDAQ:TSLA) recent 26 percent decline in U.S. sales reflects a lack of supply rather than weak demand, an analyst said Monday.  Credit Suisse’s Daniel Galves took issue with a report in The Wall Street Journal that he said misinterpreted routine sales data gathered by the trade publication WardsAuto.com,” John Seward Reports.

Seward goes on to say, “Moreover, Galves said WSJ’s report mischaracterized the launch of a Tesla leasing program Saturday as a “sales incentive” that effectively cuts the cars’ price tag by 25 percent.”

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