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Retail

Tesla detours ecommerce-centric plans back to physical retail

March 13, 2019

Tesla showroom AP A Tesla showroom in Denver. Image credit: Associated Press

 

By Sarah Ramirez

As suddenly as U.S. automaker Tesla announced it was closing the majority of its stores to cut costs and focus on ecommerce sales, the electric vehicle manufacturer is now rerouting its plans back to bricks-and-mortar retail and raising prices instead.

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  1. Kering to acquire jewelry manufacturer Raselli Franco Group
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