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Tesla To Raise Prices On Some Models

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Tesla To Raise Prices On Some Models

Tesla To Raise Prices On Some Models

Reuters reports that Tesla has revised its plan to close most retail locations which would have shifted sales to an online purchasing model.

The electric car manufacturer announced two weeks ago the plan to shutter most showrooms in an attempt to lower prices and deliver the Model 3 at the promised $35,000 price point.

Instead, on Sunday the car maker announced it will raise vehicle prices by 3 percent as it plans to keep more retail stores open.

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