He added, “Potential Tesla owners will have a week to place their orders before prices rise, so current prices are valid until March 18th. Note, there will be no price increase to the $35,000 Model 3. The price increases will only apply to the more expensive variants of Model 3, as well as Model S and X.”
Tesla will continue its worldwide sales online
Moreover, Musk clarified that Tesla stores will only serve as showrooms. The company will continue its online-only sales worldwide.
“To be clear, all sales worldwide will still be done online, in that potential Tesla owners coming in to stores will simply be shown how to order a Tesla on their phone in a few minutes… Stores will also carry a small number of cars in inventory for customers who wish to drive away with a Tesla immediately,” he said.
TSLA shares were trading $288.54 per share up by 1.5 percent at the time of this writing 2:39 p.m. on Monday.
