Tesla security analysis - Q3 2018

Wow redundancies are one thing but fundamentally changing their distribution model is a big deal. Surely they’d only do this if they’re really struggling :cold_sweat:

It seems noteworthy that Musk didn’t share any numbers, like what proportion of sales are made via stores vs online, for example. Presumably they would have if they didn’t think that this would have a significant impact on their sales, to help manage investor’s expectations.

Reflecting on the store closures, Mr Musk said: “It’s 2019. People want to buy online.”

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 “information centres” in high-traffic areas.


I’ve moved it for you as that thread was more focused on Elon’s erratic behaviour & Vlad’s analysis is a useful reference point for this.

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