Tesla has walked back on its decision to close most of its stores in order to save costs, announced two weeks ago.
In a blog post Sunday, the company announced it would "keep significantly more stores open than previously announced." As a result, the company will increase car prices by about 3% on average, globally.
The silver lining: This will happen for all vehicles except the $35,000 Model 3.
It's unclear how many stores Tesla will keep open, exactly, and where. The company said that the 10% of stores it had recently closed weren't performing and would've been closed anyway. However, "a few stores in high visibility locations" will be reopened. Read more...
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