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Tesla CEO Wants to Sell the Model S Directly to Customers in the US, Avoiding Dealers


Tesla CEO Elon Musk criticized the way cars are sold in the US and said that this would hamper the automaker’s 10-year-old growth prospects in the region. Tesla plans to sell its Model S electric sedan directly to its buyers instead of relying on the network of independent dealers in the US. This plan was criticized and received with stiff resistance ...
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More elon musk articles

Tesla to Make Strategic Announcement Later Today, April 26th
Tesla CEO Elon Musk said that later today, April 26th, the automaker will make a strategic announcement. ”Announcement of new @TeslaMotors strategy tomorrow. Tesla owners will like this," Musk said in ...
Tesla To Make Announcements on Dealer Service and Supercharger Network
Tesla is expected next week to make an announcement about its updated dealer service and its Supercharger network. Tesla CEO Elon Musk has previously announced that the automaker’s dealer service will ...
Tesla Reports First Quarterly Profit in Company’s History
The exciting news Tesla CEO Elon Musk promised on Twitter is that the automaker managed to reach its first quarterly profit in the automaker’s history. During the first quarter Tesla sold ...
Tesla Motors CEO says NY Times’ story cost the company up to $100 million
Tesla Motors' CEO Elon Musk said the New York Times story about the Model S sedan failing to achieve its estimated driving range affected the company's stock-market value by as ...
Tesla reportedly needing more loans to survive in 2013
Tesla Motors will be in a very difficult situation next year without loans from the U.S. Department of Energy, MarketWatch reports. Without the hundreds of millions of dollars received by Tesla ...
Tesla Motors was cash flow positive last week, CEO says
Tesla Motors was cash flow positive last week, the EV maker's CEO Elon Musk announced yesterday in a posting on Twitter. “Am happy to report that Tesla was narrowly cash flow ...
Tesla’s CEO Elon Musk Hopes Obama Will Help EV Production
Tesla’s CEO, Elon Musk, expects President Obama to continue the US government’s policy to promote hybrid and electric vehicles. "I think that we can expect at least that things will continue ...
Tesla to Produce 400 Model S Sedans by December
Tesla announced that its Model S will reach 400 units per week by December. Tesla gave the announcement after it reported that its third quarter loss reached $110.8 million or $1.05 ...
NADA to meet with Tesla to discuss retail store plans
The National Automobile Dealers Association (NADA), which represents almost 16,000 new-vehicle dealers, said it's planning to meet with electric-car maker Tesla Motors about its retail network plans. "NADA has serious concerns ...

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