Tesla’s Cost-Saving Plan to Close Stores Hits a Legal Speed Bump: Its Retail Landlord
#1
http://fortune.com/2019/03/08/tesla-clos...landlords/

"In its securities filings, Tesla has previously warned of the risk that its “various non-cancellable operating lease agreements” could lead to legal battles should the company seek to terminate them. In that case, Tesla may not be able to save as much money as Musk is hoping, and could be offset by its legal bills."

fElon and his infinite wisdom did not take into consideration the non-cancellable agreements?

I wonder if he did the store closings as a gimmick to gain attention and than bring them back when no one is looking. The old bait and switch.

Edit: Nevermind, he will be "walking back plans to close most of its showrooms worldwide and announced price hikes for most of its electric vehicles.": https://www.sacbee.com/latest-news/artic...99399.html

[Image: giphy.webp?cid=3640f6095c86a0526f75493149d1b1f0]
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