Tesla DELAYS raising the prices of its high-end vehicles due to 'unusually high volume' of orders

Mail Online | 3/19/2019 | Annie Palmer For Dailymail.com
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Tesla has postponed its plans to raise prices on all high-end vehicles.

The electric car company said in a tweet Tuesday that it was delaying the price hike, which was supposed to occur on Monday, until Wednesday.

Volume - Orders - Reason - Decision

It cited an 'unusually high volume' of last-minute orders as the reason behind the decision.

'Due to unusually high volume, Tesla was unable to process all orders by midnight on Monday,' the company said in a tweet.

Price - Rise - Vehicles - Wednesday

'So the slight price rise on vehicles is postponed to midnight Wednesday.'

Tesla buyers now have until late Wednesday before the firm will increase prices on all its vehicles by 3 percent.

Model - Tesla - Vehicle - Price - Hike

The recently unveiled $35,000 Model 3 - Tesla's cheapest vehicle yet - will not be affected by the price hike.

The announcement comes after Tesla said on February 28th that it would lower the price of Model S and Model X vehicles.

Announcement - Firm - Brick-and-mortar - Stores - Move

Alongside that announcement, the firm said it would close all of its brick-and-mortar stores and move to online sales, so that it could reduce operating costs and move forward with...
(Excerpt) Read more at: Mail Online
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