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I wonder if it was a clever negotiating tactic? Scare the landlords, then walk it back and get a great deal. Even if it was that, seems risky to want to do it
by coderholic 8y ago
I wonder if it was a clever negotiating tactic? Scare the landlords, then walk it back and get a great deal.
Even if it was that, seems risky to want to do it knowing it's going to make you look more broadly.
- g10r 8y agoTesla occupancy doesn't mean much for most of these malls/shopping centers, to be honest. Apple/Nike/Target, sure. Tesla, no.
- pretendscholar 8y agoThey already signed the terms of the lease.
- xkjkls 8y agoTheir landlords are a large number of different entities each with their own areas and laws. This is not an effective way to negotiate with 100s of malls around the country.
- gamblor956 8y agoScare the landlords, then walk it back and get a great deal. This is how the conversation with the landlord would probably go: Tesla: We're going to close our store in your mall. Landlord: Good luck with that. Next month's rent is due in a week. Tesla: But we're closing our store... Landlord: You signed a multi-year lease without an early cancellation clause. I don't care if you're closing the store, you still owe me rent for the remainder of the lease. You can pay it as due or buy out your for X% of the aggregate remaining amount. [where X is some obscenely large percentage approaching 100% because the landlord has Tesla over a barrel and doesn't need to offer a discount].