Wednesday, August 3, 2016

Tesla plans to open a new store every four days

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Elon Musk wants to see more of his stores in malls and shopping centers near you.


Tesla Motors will add a new retail store every four days, on average, during the next year, according to the company’s second-quarter earnings report Wednesday. 


The plan comes amid earnings that missed expectations on profits and revenue. 


Tesla posted $ 1.56 billion in revenue compared to the $ 1.62 billion predicted by analysts. It more than doubled the losses on earnings per share for the second quarter of 2016. 



Tesla also failed to meet its own goals for production this quarter, as revealed last month. It delivered 14,370 vehicles over the three months while its target was 17,000.  Read more…


More about Solarcity, Tesla, Elon Musk, Tesla Motors, and Cars



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Tesla plans to open a new store every four days

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