Just days after announcing that it would close most of its stores, Tesla said late Sunday that it had decided to keep “significantly more stores open” than previously announced. The electric-car maker also said it would raise most of its vehicle prices about 3 percent worldwide. In the last three months of 2018, Tesla opened 27 sales and service locations to keep up with rising demand for its mass-market electric car, the Model 3. Over all, the company had more than 100 showrooms and stores in the United States, and others overseas. He said the change would reap savings from store closings that would help Tesla to make a profit on a new entry-level Model 3 priced at $35,000.

Source: New York Times March 11, 2019 12:16 UTC