Tesla to close stores to reduce costs for $35,000 Model 3
https://apnews.com/c2226fcb3c0240e2821917423d993223
SAN FRANCISCO (AP) — Tesla will only sell its electric cars online as it accelerates its cost cutting so it can realize its long-running goal of selling a mass-market sedan for $35,000.
The change announced Thursday will allow the Silicon Valley automaker to begin selling its Model 3 for $35,000 — a price point that Tesla CEO Elon Musk has been striving to reach in order to appeal to more consumers and generate the sales the company needs to survive.