Tesla claims that its sales per square foot has far exceeded Apple

Tesla, the upstart of the automotive industry, is a very valuable company, but it is still far less than Apple. In fact, Apple’s cash reserves are sufficient to acquire Tesla several times. However, Tesla CEO Elon Musk is not easy to be scared by big companies. In an interview recently, Musk stated that Tesla's retail sales per square foot have far exceeded Apple.

According to Electrorek, Musk said in an interview: “I think our sales per square foot is so high that we have to use a telescope to see who the second place is.” Tesla Global Sales The vice president added: “Our sales per square foot are so high that we actually push the average of the industry as a whole.” Of course, they did not publish any specific figures and Tesla has not yet joined the retail rankings. According to recent reports by research companies eMarketer and CoStar, Apple retail stores are still the most profitable retail sites in the retail industry, with an average of 5,546 U.S. dollars per square foot.

This remark was also interpreted as an irony for Apple, which has long been the largest retailer in terms of sales per square foot. Apple's unique retail store design is considered a perfect example of low sales and high profits. But Tesla seems to be doing better because Tesla's retail stores are usually smaller and the products are more expensive, and the number of Tesla retail stores in the United States is 5 times less than the number of Apple retail stores.

The reason why it is less than the number of Apple retail stores, because convenience is not a major factor affecting people buying cars. Perhaps people do not want to open a two or three-hour shop to buy a mobile phone, but the car is still willing to spend time to see the physical store.

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