Tesla backtracks on store closures, plans top-end price rise
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Tesla (TSLA) to Keep More Stores Open, Raises Price Back by About 3%
March 11, 2019 6:14 AM EDTTesla (NASDAQ: TSLA) issued the following update on Tesla stores and pricing, saying it will keep significantly more stores open than previously announced. As a result, they will need to raise vehicle prices by about 3% on average worldwide
The company announced:
Last month, we announced that we would be winding down many of our stores and moving to online-only sales in order to pass the savings along to our customers.
Over the past two weeks we have been closely evaluating every single Tesla retail location, and we have... More
