Tesla delays its March price increase

Tesla has delayed its price increase this week, with the electric car company confirming that would-be buyers have a few more days than initially expected to get their order in. The automaker confirmed earlier this month that, having lowered prices just a week beforehand, it would be nudging them back up again in mid-March.

The shuffle came amid Tesla’s rapidly-evolving plans around shuttering the majority of its dealerships. Initially, the intention had been to close all but a handful of locations, which would remain open in high-traffic areas to act as EV showcases. The majority of would-be Tesla buyers, however, would take advantage of a seven day test drive to decide whether they wanted to keep they new car, and all orders would be processed online rather than in-person.

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