Tesla’s Cost-Saving Plan to Close Stores Hits a Legal Speed Bump: Its Retail Landlords

Elon Musk’s plans to shut down most of Tesla’s retail stores may have been intended to cut costs and help Tesla lower the price of its Model 3 electric sedan to $35,000. Instead, it may expose the company to new headaches. The latest, according to the Wall Street Journal: The risk of legal challenges from […]

Tesla Stock Down 8% as Wall Street Worries the Automaker Is ‘Losing Its Halo’

Tesla CEO Elon Musk teased his Twitter followers this week that big news was coming. The day after that news dropped–Tesla is finally selling its promised $35,000 Model 3, but it’s shutting retail stores to pay for it–the company’s stock tumbled nearly 8% as analysts worried about Tesla’s outlook. Tesla’s stock is often volatile as […]