This is a pretty interesting link on Tesla reorganizing its
sales force.
Of particular interest is the following paragraph.
“The sales operations have faced challenges in key markets. Sales
in California, historically Tesla’s strongest market, fell 27 percent last year
to 6,110 cars, according to data from the California New Car Dealers Association. And Tesla recently cut staff in China, where
research from JL Warren Capital LLC shows that just 2,500 Model S sedans were
registered last year.”
Wow a 27% drop in sales volume in California between 2013 and
2014. The plug in space is getting
crowded and BMW will continue to take customers away from Tesla.
In China the big problem is folks don’t have garages in their
homes to recharge the cars. Tesla is
basically a non-starter in most of China and has to do the battery swap idea
will have more capital tied up in spare battery packs. I think Elongate will focus on the grid
storage business and will never deliver the People’s Tesla. He should raise the price of the Model S and
the Model X and remain a niche player in the auto industry. Nice car but a crappy business.
I do believe the laws of thermodynamics dictate a further drop
in Tesla’s share price. The only good
think about Tesla stock soaring and the press thinking Elongate was the next
Edison is that this kept Al Gore out of the press for a while. Al Gore was talking his nonsense at SXSW in
Austin, Texas this week. South By South
West is an interactive festival.
No doubt Big Al did not fly Southwest Airlines to get to
Austin even though the airline has 9 flights a day from Reagan National in DC to
Austin. Yes Al Makes his money in DC
through his connections and the last thing he wants are any connecting
flights. He just wants to go nonstop in
his Lear jet bringing all the cash he creamed from the department of entropy
and fools who still believe him.
Elongate had better start selling some Teslas or he too could end up
back in coach on a $69 Southwest flight between Oakland and Reno to visit the
remains of his giggle factory. I wonder if Bono told Elonfate to give it up.
Elonfate??. Fait au complete! !!
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