Oil and gas companies are currently investing heavily in electric vehicle charging companies
For decades, oil and gas companies and utilities have refused to accept electric vehicles as a given. Now oil and energy giants are becoming part of the "new fuels"industry. According…

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Experts have predicted 3 major evolutionary changes in the automotive industry by 2030
Cars will change in the next decade more than in the last century. And that's probably a good thing, because cars account for a significant share of global carbon dioxide…

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How Volkswagen is preparing to enter the market of electric vehicles series I. D.
In the Volkswagen showroom, near Wolfsburg, gathered about 5,000 dealers from all over Europe (Germany, Hungary, Austria) to witness the preparation of the company to enter the world market of…

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sales

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

Elon Musk: Tesla is successful because we were not taken seriously

In celebration of its 70th anniversary, MotorTrend magazine interviewed Elon Musk, a man who has changed the modern automotive world in many ways. In this interview, the CEO of Tesla answered several interesting questions, in particular why no one has been able to approach the level of Tesla.

Speaking about the success and importance of his company for the modern automotive industry, Elon Musk noted that this is ensured by the fact that at the time (recall that this year Tesla was 16 years old), representatives of the world industry simply did not believe that the company that decided to start producing electric cars will be able to achieve at least some success. According to the Mask, competition actually was not, so how to compete no one was going. Continue reading

Six reasons why you should rent an electric car
Electric cars are rapidly and successfully becoming part of the automotive industry — in 2018, almost 400,000 electrified cars (clean electric cars and plug-in hybrids) were registered in Europe, and…

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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…

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Electric cars are a triple win for climate, clean air and the economy
The production of electric vehicles is still more expensive than the production of their gasoline competitors, but policy changes and market expansion can quickly change in favor of electric vehicles.…

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