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Goldman Sachs sees weak demand and margins for Tesla in the first quarter of 2019, reiterating its "Sell" rating.
Tesla slashed prices for the Model 3 — but took away any incentive for its employees to sell the new version
Tesla employees are unhappy with how the company has cut their pay, bonuses, and commission structure.
Only the $35,000 Model 3 price will stay the same. Premium versions of the sedan as well as the Model S and X will go up on March 18, Tesla said.
Tesla hit the brakes on its store-closing plan, rescuing many of the outlets it promised to close just 2 weeks ago
Tesla now says it will lower its vehicle prices by only 3%, as opposed to the original 6%.
Current salespeople told Business Insider that the company pushed employees to purchase cars to boost its sales numbers last year.
Millennials have been scooping up Tesla shares after the electric-car maker announced a $35,000 Model 3 is now available.
A Chinese news agency reported Tuesday that officials in Shanghai had blocked the import of 1,600 Model 3 cars.
China is reportedly blocking the sale of Tesla’s Model 3 after customs officials found ‘irregularities’
The irregularities were said to include that "some of the vehicles lacked product labels that would make them legal on the Chinese market."
Tesla's long-awaited $35,000 Model 3 was announced Thursday evening. The electric-car maker also announced it was closing "many" of its retail stores.
The guidance comes the same afternoon as Tesla said the $35,000 version of its Model 3 was finally available for preorder.