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At the time that Tesla and SolarCity merged, the major synergy touted was selling cars, power-walls and solar panels together at the Tesla dealership. They eli
by pavon 7y ago
At the time that Tesla and SolarCity merged, the major synergy touted was selling cars, power-walls and solar panels together at the Tesla dealership. They eliminated most of SolarCity's other sales channels like door-to-door sales, and the Home Depot partnership, to focus on sales in the dealerships. Since then their sales have plummeted.
Now Tesla is closing most of its dealerships, eliminated the main sales channel SolarCity had remaining. It looks like their plan is to operate with online-only sales, skipping even an in-person estimate visit, and offloading that do the customers.
I originally thought that the merger was a really bad deal for Tesla. I didn't realize how bad a deal it would be for SolarCity as well.