Tesla Showroom Closings

More on the Tesla closing show rooms saga (I’m sure it’ll become a saga):

“This was a total 180-degree turn,” Chalekian, who owns a black Tesla Model S, said in a phone interview Monday. “Tesla had been talking about expanding stores, and all of a sudden they are closing them. To me, this signals a huge financial concern and a possible cash-flow issue for Tesla.”

[…]

Tesla also suggested a brick-and-mortar retail strategy was important in its annual report filed Feb. 19, just nine days before Musk announced the pivot to online sales.

https://www.bloomberg.com/news/articles/2019-03-05/musk-is-said-to-blindside-tesla-staff-with-store-closing-plans

🤔

Previously: Tesla’s Joy Ride

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