Wow redundancies are one thing but fundamentally changing their distribution model is a big deal. Surely theyâd only do this if theyâre really struggling
It seems noteworthy that Musk didnât share any numbers, like what proportion of sales are made via stores vs online, for example. Presumably they would have if they didnât think that this would have a significant impact on their sales, to help manage investorâs expectations.
Reflecting on the store closures, Mr Musk said: âItâs 2019. People want to buy online.â
This is hardly the whole story. Although
The electric car and solar-panel company will keep some of its store premises open as galleries or âinformation centresâ in high-traffic areas.
Iâve moved it for you as that thread was more focused on Elonâs erratic behaviour & Vladâs analysis is a useful reference point for this.