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RE: Leo Talk 3/13/2021 -Come Join Our Chat

in LeoFinance5 years ago

Yes but the thing I like about Tesla that the other dealers don't do is direct sale to the consumer. I hate the car dealers whose goal is to rip off as much money as possible.

As for the cars, even Tesla has some faults in their cars and given the need to build everything from scratch, the initial costs are huge. You need to blow plenty of money and spend years to recoup the costs.

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Any other start up that makes it will not be going direct. In fact, I would not be surprised if some of the traditional automakers start to drift away from the dealerships at some point.

Tesla has an advantage there. The manufacturer sells the car to the dealer who marks it up. Thus, Tesla can either keep the extra profit or drop the price by what the dealer is making.

Either way, they come out ahead.

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