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Chesterfield Mall, scheduled to close in October, has become an unexpected parking lot for hundreds of Tesla cars in recent months.
Teslas, including a Cybertruck, were parked outside a shopping spot in Chesterfield, Missouri, confusing passersby, especially since the number of EVs seemed to be increasing over time.
A few weeks ago, local news station KTVI solved the mystery.
According to reports, Tesla store unsold items Please keep your vehicle at the mall until the mall is closed.
Michael Sternberg, president of the Sternberg Group, which owns Chesterfield Mall, told BI that dozens of Tesla Cybertrucks and brand-new Tesla Model Ys and Model 3s in a variety of colors were on the lot outside the mall. It was confirmed that it was stored in
Sternberg said Tesla has occupied the space for about six or seven months and could stay until the mall closes in October. He said at least 90 groups were using the mall space for various purposes before it closed.
“One of our users happens to be Tesla. He has a dealership in the Valley, but the dealership doesn’t have enough parking capacity to park all the cars he brings in,” says Lease and Sternberg of The Sternberg. said the senior vice president of development.group tim lowe Said KTVI. “So they rent space in the parking lot to store their cars.”
Tesla has a dealership about four miles from Chesterfield Mall. Stenberg said there are 300 to 400 Teslas stored in the parking lot.
Tesla did not respond to a request for comment.
It is not uncommon for there to be a large amount of inventory
Tesla isn’t the only car brand that stores unsold vehicles outside of its dealerships.
Surplus vehicles are often stored on factory grounds near manufacturing facilities, port facilities, distribution centers, transportation facilities, and rail yards.
At Ford’s Wayne, Michigan Assembly Plant, vehicles are transport Please send it to your dealer or other facility. General Motors also has a central distribution facility in Grand Blanc, Michigan. replenish stock.
EV manufacturers are struggling with oversupply
Electric vehicle sales are hurting across the industry As demand weakens, Tesla is no exception. Tesla has slashed EV prices over the past year, resulting in lower profits.
Cox Automotive previously announced that by August 2023, there will be nearly twice as many EVs on dealer lots as gasoline-powered vehicles.
Around the same time, more EVs were being produced than ever before, and dealers were forced to turn down EV sales as inventories piled up.
Last quarter, Tesla reported its first quarterly delivery decline compared to the same period last year. The EV giant sold about 386,800 vehicles in the first quarter of 2024, about 90,000 fewer than investors expected.
This was a 20.1% decrease compared to the fourth quarter of 2023 and an 8.4% decrease compared to the same period last year. It was also the company’s lowest quarterly performance since 2022.
Tesla cited challenges in ramping up production of its new Model 3, an arson attack at a factory near Berlin, and supply chain disruptions related to conflict near the Red Sea as reasons for the drop in deliveries.