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Tesla backs off on store closure, set to hike price instead
16 March 2019, 02:06 | Hattie Nash
We have already presented the teaser of this model
A few stores in high visibility locations that were closed due to low throughput will be reopened, but with a smaller Tesla crew. Another 20 percent are being evaluated and some could remain open. The Company now has approximately 378 stores and service centers operating worldwide.
While the new SUV is expected to be built on the same platform as the Model 3, we should expect more seats on the inside, as well as a new set of instrument panels - something which has been a feature so far on every new Tesla model.
Stock prices plummeted (over what period of time - last week into this week, for two weeks) as the automaker launched a new round of layoffs last week, after announcing it would close most stores in favor of online sales.
Potential Tesla owners will have a week to place their order before prices rise, so current prices are valid until March 18th.
On February 28, Tesla stated that Autopilot would now cost just $3000, a steep cut from what consumers had originally paid. So, Tesla has designed newer strategies to meet its expectations. "And the generous return policy of 1000 miles or 7 days, whichever comes first, should alleviate the need for most test drives", added Tesla in the statement. "Detailed specs & pricing will be provided", said Musk on March 3.
"How else can you view it except to see it as a remarkable example of lack of foresight or planning?"
Musk probably realized that he was locked into long-term leases on the stores that he would have to pay regardless of whether they were closed, Ramsey said. Tesla stated that the people holding the reservation will possibly be getting the auto in near 4 weeks.
"Over the past two weeks, we have been evaluating our retail locations and made a decision to keep more stores than previously anticipated".
Messages were left Monday seeking comment from a Tesla spokesman.
Tesla's choice to maybe close more territories is a move to grow its online arrangements traffic instead of coming into a physical zone.
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