I remember visiting my first Tesla dealership in Salt Lake City. It was drama in local headlines. It was also an awkward place. Imagine the retail space in the mall you're used to...but now on a lot. It wasn't really a dealership. Closer to some kids selling iPhones.
CEO of CDK, Brian McDonald, had some interesting thoughts on this as well.
CDG: CDK Interview
1. OEMs are good at a lot of things, but running profitable dealerships isn't one of them
2. The capital involved in acquiring a notable amount of their network doesn't pencil
