Due to the difficulties in delivering cars to China and Europe, Tesla was struggled with their quarterly losses in the history early in 2019, according to the article. In the past week, they had announced to permanently shut down the actual stores by cutting off cost of the model S3 production. Tesla’s intention was to increase sales for the company and also in order to compete with other car brands on the market. In order to boost the automaker’s coffers, Tesla is seeking to raise approximately $2.3 billion though their bond and stocks sale. With the debt increases, the company shall face risk in the long run. Tesla needs to improve on productivity for more export and come up with new marketing strategy plans like giving customers better offers, promotions or discounts to encourage them on purchasing the product.
This article is related to customers satisfactory and product.
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