Tesla Pulling Out Of High-End Malls, Adding Delivery Centers In Cheaper Spots

Another tough blow has been dealt to shopping mall landlords, and this time, Class-A malls will be feeling the pain.
Tesla will be vacating many of its showrooms within luxury malls as it focuses its sales teams on remote working, Electrek reports. The electric car maker founded by Elon Musk will instead look to lease space in mall parking lots, warehouses and other less expensive property types to keep cars for test drives and deliveries.
Tesla has over 170 showrooms across the U.S., many of them in high-end malls such as the King of Prussia Mall in the Philadelphia suburbs and NorthPark Center…

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