Comments by "" (@mrpmj00) on "Tesla Off to Rocky Start to the Year With Surprise Store Closings" video.

  1. Premium sales have dried up. Europe premium sales have been fulfilled. The rich folk have been bled. Next up, the profitless sales to the penny pinchers. Probably wont be worth them even doing a UK version. This is all very worrying. And news that Elon himself got 50 million dollars from Goldman Sachs secured with mortgages on his homes, is brutal reality of how tight cash is. Almost half of his stock in tesla is security for loans. Talk about maxing out your credit cards and using your home to pay the interest. All Tesla Model 3, S, X sales dropped 75% from Dec 2018 to Jan 2019: https://www.latimes.com/business/autos/la-fi-hy-tesla-sales-plung-20190201-story.html Tesla Model 3 sales dropped 25% from Jan 2019 to Feb 2019. Demand is falling off the cliff. https://www.youtube.com/watch?v=OiOzLU47SmY https://www.silverdoctors.com/headlines/world-news/fund-manager-tesla-can-you-smell-the-blood-in-the-water/ Trucks competition: https://www.youtube.com/watch?v=aK9OOyEPksM https://www.youtube.com/watch?v=UHMbY7l3jUY unsold tesla? https://www.youtube.com/watch?v=OiOzLU47SmY China barrier: costs $14,500 U.S. and car license lottery: https://www.theglobeandmail.com/report-on- business/international-business/asian-pacific-business/chinese-drivers-dream-of-winning-the-lottery-a- licence-plate/article10187594/ Not to mention tariffs.
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  2. Closing the galleria locations will trigger breach of lease contract lawsuits. https://www.barrons.com/articles/tesla-may-stiff-termination-fees-from-malls-and-other-landlords-51551720839?siteid=yhoof2&yptr=yahoo Tradein issue They can't deliver large volumes of cars without people. Their financial report had expected new store openings. This is a reverse strategy.
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  3. Buying an online Amazon item is not the same as a $35k car+10% tax/title/license+$1500 non black + $___charger. Plus no test drive.
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