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

By

Strives for profitability.

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

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
benchmarking changetesla

Sponsored Whitepapers

Modern Identity for SAP and Beyond: Replace SAP IDM with Saviynt
Modern Identity for SAP and Beyond: Replace SAP IDM with Saviynt
Saviynt Simplifies GRC and Access Control for SAP and Beyond
Saviynt Simplifies GRC and Access Control for SAP and Beyond
Futureproof Your Business with Datacom and AMD: Seamless Windows 11 Transition
Futureproof Your Business with Datacom and AMD: Seamless Windows 11 Transition
See everything. Do more.
See everything. Do more.
Lindentech Secures Digital Identity with Zero Trust and Microsoft Entra
Lindentech Secures Digital Identity with Zero Trust and Microsoft Entra

Events

Most Read Articles

Announcing the 2025 iTnews Benchmark Awards project finalists

Announcing the 2025 iTnews Benchmark Awards project finalists
Meet the finalists of the inaugural iTnews Benchmark Awards: Security

Meet the finalists of the inaugural iTnews Benchmark Awards: Security
Announcing the 2025 iTnews Benchmark Awards Technology Leadership Finalists

Announcing the 2025 iTnews Benchmark Awards Technology Leadership Finalists
2025 iTnews Benchmark Awards now open

2025 iTnews Benchmark Awards now open
techpartner.news logo
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
"It's an exciting time to be part of the health and aged care sector"
"It's an exciting time to be part of the health and aged care sector"
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Orro claims Australia first with managed digital asset discovery service
Orro claims Australia first with managed digital asset discovery service

Log In

  |  Forgot your password?