Tesla: Tesla changes course, will keep more showrooms open, Auto News, ET Auto
FILE- In this Feb. 9, 2019, file photo, a sign bearing the company logo is displayed outside a Tesla store in Cherry Creek Mall in Denver. Tesla said in a statement late Sunday the new plan will mean a three percent rise in the cost of the vehicles, but won't apply that to the lowest-priced Model 3, which is being sold for $35,000. "As a result of keeping significantly more stores open, Tesla will need to raise vehicle prices by about three percent on average worldwide," the statement said. Tesla made the announcement on February 28 that it would begin selling its mass-market Model 3 at the promised $35,000 price, and close most of its retail locations to cut costs. But the company led by Elon Musk said that after review, it had decided to keep some of its showrooms, although the specifics were not disclosed.