Here & Now Here & Now

Support the news

Tesla Closes Stores, Cuts Retail Jobs As Company Moves Sales Online03:44
Download

Play
This article is more than 1 year old.

Tesla is closing many of its stores and cutting jobs in retail and marketing as it moves to take all sales online. The decision, announced Thursday, is part of a cost-saving plan that CEO Elon Musk says will allow the company to offer its Model 3 compact car for a new lower price of $35,000. Here & Now's Peter O'Dowd gets the latest from MSNBC's Ali Velshi (@AliVelshi), co-host of "Velshi & Ruhle."

This segment aired on March 1, 2019.

Support the news

Support the news