Surprisingly, Tesla Inc (NASDAQ:TSLA) new cars are not listed at Cars.com Inc (NYSE:CARS). This is despite the fact that Cars.com is now a publicly listed company. But according to Cars.com CEO Alex Vetter, they have an ideal platform and Tesla should start rethinking their marketing strategies. He added that Cars.com has the most dynamic and affluent online audience.
Although Vetter didn’t specifically talk of any negotiation between the two companies, he said it would be nice to have Tesla on the platform. He added that most of the luxury shoppers would like to draw comparisons between Tesla and other automakers.
Cars.com broke away from Tegna and was recently listed on the New York Stock Exchange. The stock has gone up by around 7% since the listing.
Tesla is currently working on capitalizing and increasing its market share in Australia, which is increasingly becoming an important market to the company. Tesla recently announced a partnership to set up destination chargers at 31 different locations spread out across the country. The new owners will enjoy free charging at home. Stockland has announced plans to invest $200,000 to set up chargers at its stores spread out from Cairns to Melbourne. The new locations will be open to Tesla drivers to plug in and charge for free. The locations will be fitted with the Tesla Wall Connector.
Additionally, Tesla has announced that it is partnering with AGL Energy to offer free charging at home. The partnership will last for one year. AGL Energy is a local utility power company. To qualify for the one year free charging offer, customers will be required to use AGL Energy to connect their homes with electricity. The customers must also buy their vehicles before 31 July and subscribe to the AGL Electric Car Plan prior to 31 August 2017.
Tesla, which was formally Tesla Motors, Inc specializes in designing, development and manufacturing of electric vehicles and energy backup systems. The company also procures and maintains energy storage products. The company’s cars are mainly targeted to the high-end market. The stock opened the Monday session with a -3.43% or -$12.68 drop to trade at $357.32.