Tesla on Thursday (click here) announced the arrival of its $35,000 Model 3, which CEO Elon Musk has been promising since March 2016.
Musk also said Tesla would close "many" of the its 378 retail stores, allowing the electric-car maker to lower the price of the sedan.
"Shifting all sales online, combined with other ongoing cost efficiencies, will enable us to lower all vehicle prices by about 6% on average, allowing us to achieve the $35,000 Model 3 price point earlier than we expected," the company said in a blog post.....
