Tesla reverses course on price cuts amid plans to keep most stores open

%name Tesla reverses course on price cuts amid plans to keep most stores open by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

One of the more interesting and admirable things about Tesla over the years has been the company’s clear vision and unwavering adherence to a coherent product strategy. As laid out in the first installment of Tesla’s master plan more than a decade ago, the company described in clear terms its plan to revolutionize the auto industry by using profits from pricier electric vehicles to develop and manufacture a mass market EV, a car we now know as the Model 3.

Recently, though, Tesla seems to be somewhat prone to waffling as opposed to sticking with a coherent game plan. Late last month, for example, Tesla at long last announced the long-overdue arrival of the $35,000 Model 3. The company also announced that it would be closing nearly all of its stores and that the Model S and Model X would also see some slight price reductions.

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Tesla reverses course on price cuts amid plans to keep most stores open originally appeared on BGR.com on Mon, 11 Mar 2019 at 20:08:21 EDT. Please see our terms for use of feeds.

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