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08-04-2016, 02:02 AM
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 (http://files.shareholder.com/downloads/ABEA-4CW8X0/2563817927x0x903036/562D56A1-5426-4D79-8B99-3408D1B60226/Q2_16_Update_Letter_-_final.pdf) 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.*
SEE ALSO: Elon Musk sees a future where everyone can own a Tesla (http://mashable.com/2016/07/21/elon-musk-future-cars/)
Tesla also failed to meet its own goals for production this quarter, as revealed (http://www.bloomberg.com/news/articles/2016-07-03/tesla-misses-deliveries-forecast-due-to-steep-production-ramp) last month. It delivered 14,370 vehicles over the three months while its target was 17,000.* Read more... (http://mashable.com/2016/08/03/tesla-stores-coming/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Solarcity (http://mashable.com/category/solarcity/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Tesla (http://mashable.com/category/tesla/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Elon Musk (http://mashable.com/category/elon-musk/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Tesla Motors (http://mashable.com/category/tesla-motors/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Cars (http://mashable.com/category/cars/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/mrQQyIrGkA8
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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 (http://files.shareholder.com/downloads/ABEA-4CW8X0/2563817927x0x903036/562D56A1-5426-4D79-8B99-3408D1B60226/Q2_16_Update_Letter_-_final.pdf) 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.*
SEE ALSO: Elon Musk sees a future where everyone can own a Tesla (http://mashable.com/2016/07/21/elon-musk-future-cars/)
Tesla also failed to meet its own goals for production this quarter, as revealed (http://www.bloomberg.com/news/articles/2016-07-03/tesla-misses-deliveries-forecast-due-to-steep-production-ramp) last month. It delivered 14,370 vehicles over the three months while its target was 17,000.* Read more... (http://mashable.com/2016/08/03/tesla-stores-coming/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Solarcity (http://mashable.com/category/solarcity/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Tesla (http://mashable.com/category/tesla/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Elon Musk (http://mashable.com/category/elon-musk/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Tesla Motors (http://mashable.com/category/tesla-motors/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Cars (http://mashable.com/category/cars/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/mrQQyIrGkA8