[mhurron]

> What's stopping Tesla from partnering with Toyota dealers?

My guess is Tesla not wanting to slap a bunch of dealer costs on top of the cost of the cars.

> Tesla could build 10 very nice dealerships for 1% of its valuation.

As I understand it, Tesla owning those dealerships would be just as illegal. If Tesla doesn't own the dealerships, they're either going to share the profits of the sold cars with the dealership or deal with the dealers markup and dealers fees increasing the costs of the cars.