Retail is dead: why Tesla will get more profit by closing stores
Elon Musk recently announced that Tesla will close 10-30% of retail stores with low efficiency and completely change its sales strategy. Some shareholders of the company have already expressed their…

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What can France tell the world about selling electric cars?
France plans to ban fossil-fuel-powered cars by 2040, and Paris has said it will ban them by 2030. However, only 2% of all cars sold in France in 2018 were…

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Charging infrastructure of Ukraine does not keep up with the growth of the number of electric vehicles
The infrastructure for electric vehicles, and primarily charging stations, is developing more slowly than the number of electric vehicles is growing. This applies to all countries where electric cars are…

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Retail is dead: why Tesla will get more profit by closing stores

Elon Musk recently announced that Tesla will close 10-30% of retail stores with low efficiency and completely change its sales strategy. Some shareholders of the company have already expressed their skepticism about this, while others, on the contrary, are optimistic about the initiative of the management.

Musk believes that closing retail stores is the best solution to maintain the company’s profitability while reducing the price of Model 3 to the base $35,000. In General, the optimistic forecasts of analysts indicate 4 main reasons why the closing of showrooms is a profitable step for the company. Continue reading

The debate over electric cars is raging among the world's largest automakers
Among the largest automakers in the world are raging debate about electric vehicles. Some believe that electric cars produced by companies other than Tesla have a chance of becoming a…

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Geneva motor show: the electric car revolution could begin before Europe is ready
The Geneva motor show 2019 is a car show where they say the electric car revolution is about to begin. Sales of electric vehicles are growing rapidly, but in comparison…

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The debate over electric cars is raging among the world's largest automakers
Among the largest automakers in the world are raging debate about electric vehicles. Some believe that electric cars produced by companies other than Tesla have a chance of becoming a…

...

Tesla Model S and X were created a long time ago, but they continue to be the standard of electric vehicles
"There will be no updates to Model X or Model S, only a number of minor current changes" — this short statement by Elon Musk caused a storm of gloomy…

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