The combination of service centers/galleries will remain open. The only closures will be the stand alone stores for example in malls. It will have no impact on sales. On the other hand, closures of stand alone stores will be offset by opening more service centers and Superchargers which will have a positive impact on sales.
Yeah. However, the closures are certainly viewed as a 'cost cutting measure' by Wall Street. Seems like a typical Wall Street knee jerk reaction though.
Actually, Wall Street generally rewards cost cutting measures. I believe the knee-jerk reaction is to the lowering of the price and lower margin product introduction.
Well..the closures are being viewed as something they had to do to 'afford' the 35K model introduction. So it is more complex than just a 'cost cutting measure'. You can spin it any way you want. I'm just stating what the Wall Street reaction has been.
Hah, yes, will be selling our PiP. Would expect the used plug-in market to have lots of affordable options over the next couple years. My Model 3 build order continues to say estimated delivery in 2-4 weeks, and would sell the PiP after the Model 3 arrives. But fairly skeptical that the Model 3 will arrive in that time frame. There are probably at least 100k pre-orders that preceded my order, so it is odd that Tesla seems to be allowing me to cut in line. As a Tesla investor (not as a customer), I'm more concerned with the availability of the $35k Model 3 this soon. That suggests Tesla orders for higher level/most profitable trims are running out of steam. But then if there are a few hundred thousand customers now waiting on a $35k Model 3 with many choosing some of the high margin options, and if the overall profit margins are still pretty good per unit, that will still bode well long term for Tesla (financially).
Wall Street is dealing with a completely different kind of business model with Tesla. Elon is NOT your typical kind of entrepreneur. Wall Street is flummoxed by him and doesn't know what to expect or how to react. The W.S. "ANALysts" are totally confused by his unpredictability. $TSLA is going to be volatile for a long time in the future. The stock is not for those who are faint of heart. Those stock holders who are going to be most successful are those who are in it for the long term and don't look at the daily stock price.
The only waiting list left was of the early reservation holders waiting for the short range model. The only wait left for anybody else was the time between placing the order and delivery. Those reservation holders should get first shot, but shipping logistics may mean that isn't a case. They should get something in that case, and Tesla has options for that. My friend asked for, and got, a full year of Supercharger access, when Tesla asked if he could take the car a month later than orginally. Does that mean hybrids aren't ready for prime time? Tesla is basically following the same path any new technology to the car market normally follows; offer the new in the high end models and brands first where the customers are more willing to spend more, or the higher margins could hide the higher cost that comes with being new. Shorter spin could easily be mixed into the Wall St. reaction. The stand alone stores are closest Tesla has come to spending on advertising, and they no longer need them. In beginning, they needed a way for people to physically see the cars. Now there is plenty of Teslas on the road, and the service centers/galleries are expanding. Add to that the fact that dealer associations fought Tesla in multiple states, and Tesla can't have stores in some, or store employees could only direct potential buyers to the website, why bother keeping these stand alone show rooms open.
I configured a $57k M3D in white last night after the announcement and, with no net/site delays, was quoted 2 weeks delivery. What that tells me is high priced car demand has evaporated and there is inventory that only has transport delay. Also they are not overwhelmed with low priced orders. Not a promising financial picture.
The 35,000$ Tesla is only one of many ongong criticisms the non enlightened have. Starting in q3 suppliers were not paid and were asked to refund payments, waiting for that bell to toll. Layoffs concerning delivery personnel? 1 Billion going out of the coffers....Today. CR now doesn't advise consumers to buy any tesla 3's are built in a Tent, suffer poor paint quality and various other not quite perfect parts, causing problems, and repair centers are inundated with a lack of replacement parts. Musk still Tweets haphazardly$. The Beta is .05 The price of the S X and 3 have been cut 9-10%, (btw, why not a cut price on the two wheel drive model 3?) The brick and morter stores are closing, oh' dear. And more problems appear everyday, for example today -25$ What's the opposite of FUD?
