Does a Price Hike Suggest Trouble Ahead For Tesla?

Last month Tesla announced it would close all of its retail store, which would freed up money to allow for a 6% reduction in price for Tesla models. Now Tesla announced that large-scale closures are no longer ahead, but the prices will instead rise by 3%. 

The already expensive Model 3s, the Model S, and Model X will all increase in price and the only car that won't rise in price is Tesla’s cheapest product, the $35,000 Model 3.

https://www.reuters.com/article/us-tesla-price/tesla-backtracks-on-store-closures-plans-top-end-price-rise-idUSKBN1QS0JF

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"Does a Price Hike Suggest Trouble Ahead For Tesla?"

 

Road to Ruin, mayhap?

Buckle up.

rs-144494-c428e25c71d778c5c03ec01ae25ba10b7cff6bb5.jpg

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“They're pilin' in the back seat
They generate steam heat
Pulsatin' to the back beat
The Blitzkrieg bop”

The Ramone’s

 

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🤘

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