Tesla Off to Rocky Start to the Year With Surprise Store Closings

Tesla Off to Rocky Start to the Year With Surprise Store Closings

Assessment

Interactive Video

Business, Life Skills

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses Tesla's unexpected decision to close several retail stores, which surprised both staff and investors. The closures were announced publicly, leading to a mixed reaction from investors, including some selling their shares. The decision marks a significant shift from Tesla's previous retail strategy, as they move towards online sales. This change has implications for employment, with job cuts expected, particularly in sales and marketing roles.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What did investor Alex Cholakyan express about the decision to close stores?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the store closures have on Tesla's employment?

Evaluate responses using AI:

OFF