Death of the Car Dealership - Tesla Sales Model Is Poised to Take Over America

28 Apr 2022 | Abstracted from Market Watch

"Companies like Tesla (TSLA, +0.58%) and Carvana (CVNA, -6.74%) are using the direct-to-consumer model. Electric-vehicle buyers are essentially doing the same, preferring to order from the factory as the U.S. fleet turns from gas to electric. And as manufacturers learned during the pandemic, when supply chain problems emptied dealerships, there's no need to stock that 900-car lot when sales are just as strong without it. "

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