Tesla debuts $35,000 Model 3, sees loss in first quarter

Mian Adeel Soomro Friday, March 1, 2019

Tesla Inc said on Thursday it would not be profitable in the first quarter, as it offered for the first time a $35,000 version of its Model 3 sedan and said its global sales would now be online-only, steps designed to increase demand and cut overhead costs for the electric vehicle maker.