Musk announces a $35,000 Model 3, closure of most retail stores, and a no-profit quarter - News Summed Up

Musk announces a $35,000 Model 3, closure of most retail stores, and a no-profit quarter


Some analysts say the less-expensive Model 3 may be too little, too late. "If this model had come out when the Model 3 first launched and passion for Tesla was at its peak, shoppers might have given more latitude. But the expectations have been set and it's likely going to be a tough sell moving forward," said Jessica Caldwell, an analyst at Edmunds.


Source: Los Angeles Times February 28, 2019 23:00 UTC



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