Tesla Will Now Keep Stores Open and Raise Prices

Tesla announced a shift to online sales and price adjustments, initially planning to close many stores. However, they later decided to keep more stores open, leading to a smaller price increase. The share price reacted positively, but analysts had mixed opinions. Tesla is also exploring battery production in China with CATL, although no agreements have been finalized.

What was Tesla's initial plan announced on February 28th?

• To partner with a new battery supplier

• To increase the prices of all models

• To shift to online stores and reduce prices

• To open more physical stores

How did the market initially react to Tesla's announcement about store closures?

• The share price remained stable

• The share price decreased

• The share price was unaffected

• The share price increased significantly

Which Tesla model's price will remain unaffected by the new price adjustments?

• Model 3 basic version

• Model X

• Model Y

• Model S

What is the general sentiment of analysts towards Tesla's recent strategic changes?

• Indifferent

• Mixed, with some concerns about leadership

• Unanimously positive

• Overwhelmingly negative

Which company is Tesla reportedly in talks with for battery production in China?

• BYD

• Panasonic

• Contemporary Amperex Technology Limited (CATL)

• LG Chem