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Also, Ford and GM do not do service. A lot of the detailed car information can really help with service and maintenance. But dealers actually don't want that to
by panick21_ 3y ago
Also, Ford and GM do not do service. A lot of the detailed car information can really help with service and maintenance. But dealers actually don't want that to improve systematically and Ford doesn't gain enough from it.
Tesla makes all that dealer profit themselves and can systematically improve service and make a huge profit from off warranty vehicles. This is a huge revenue stream Tesla is only just starting to get. Something people often miss when they look at future profitability.
Ford and GM make huge amounts of money from part supply fro off warranty cars. Tesla will do even better because they will do the service, not just the parts.