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Tesla plans to close a large number of offline physical stores around the world in order to cut costs.

2024-11-22 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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Tesla said on Thursday that he plans to launch a basic $35000 Tesla Model3 model and plans to close a number of offline retail stores around the world, officially explaining the move as increasing online demand and reducing spending, Reuters reported.

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According to statistics, Tesla delivered 245240 vehicles worldwide in 2018, of which 145846 were sold by Molde3 and 99394 by Model S and Model X. Tesla's position in the global electric vehicle was shaken by China's own brand electric vehicle in 2018. Although there is a Model3 as a volume model in 2019, there are too many uncertainties in its sales volume under the impact of domestic automakers.

In 2019, Tesla personally visited China and Europe to do public relations for his popular model Model 3, and was very concerned about Tesla's sales in 2019. Mr Musk had previously said on a conference call that Tesla would remain at a loss in the first quarter, then gradually return to profitability, and that he would make a "very small" De net profit in the first quarter of 2019.

Prior to this, Tesla opened an online store on Amazon to sell car parts, and then made a small reduction in the price of Tesla's entire model in the United States. Tesla is making a difference in the first quarter of 2019, but his earnings will take some time.

As Tesla said officially: "combining all online sales with continued cost efficiency will enable us to reduce the prices of all vehicles by an average of about 6 per cent, thus enabling us to achieve the $35000 price of the Model 3 earlier than expected."

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