Monthly Archives: May 2018
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
First critics were the capabilities of the Tesla electric truck Semi
A study by Transport and Environment, a consortium of European environmental organizations, compared energy consumption and the environmental impact of conventional diesel trucks and their all-electric counterparts.
Two different diesel trucks were used for the study: one with an average consumption of 33 l/100 km and a more economical one with a consumption of 22 l/100 km.
The study showed that diesel trucks consume 2.2 to 3.3 kWh per kilometer, which is much higher than the average electric truck, which requires 1.44 kWh per kilometer. Electric vehicles designed from the ground up with maximum efficiency in mind, such as Tesla Semi, require only 1.15 kWh per km. the Authors of the study concluded that in General, the use of fully electric trucks reduces energy consumption by 1.5-2.9 times. Continue reading