Tesla backtracks on store closures, plans top-end price rise

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Tesla backtracks on store closures, plans top-end price rise

Strives for profitability.

Electric carmaker Tesla Inc backed off its plan to close all of its US stores in a blog post and instead will raise prices of its high-end vehicles by about 3 percent on average, as it strives for profitability. The company said late Sunday that it would now be closing only about half as many ...

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