Author: Stanley Reed / Source: New York Times
Laura Buckman for The New York Times
Just days after announcing that it would close most of its stores, Tesla said late Sunday that it had decided to keep “significantly more stores open” than previously announced. The electric-car maker also said it would raise most of its vehicle prices about 3 percent worldwide.
The flip-flop on the fate of the sleek stores is the latest move by the upstart company that for a time was the most highly valued American car company, but which is now facing financial pressures.
In the last three months of 2018, Tesla opened 27 sales and service locations to keep up with rising demand for its mass-market electric car, the Model 3. Over all, the company had more than 100 showrooms and stores in the United States,…
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