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Tesla did buy car-hauling trucks & trailers

Discussion in 'Tesla, Inc.' started by SMAlset, Mar 11, 2019.

  1. SMAlset

    SMAlset Well-Known Member

    Mar 4, 2017
    SF Bay Area
    In coverage about the Sunday price increase news and store status, CBS News also had a paragraph this morning stating that Tesla did in fact buy car carriers, something that I know was kind of scoffed at by some as not really happening. Haven't seen this mentioned in other news stories yet. The deal did happen and maybe was taking longer to finalize. Certainly as far as deliveries go, they now have a better scenario for scheduling car deliveries having control over the number of carriers available and where and when they can travel. As we know some customers' cars were held up in rail yards and delayed for lack of transport equipment to their area. This from CBS:

    "The company also announced Monday that it has purchased car-hauling trucks and trailers from a California company in a stock deal worth about $14.2 million. Tesla paid for the purchase with about 50,000 previously authorized shares. The move is designed to increase Tesla’s vehicle transportation capacity and cut delivery times."

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