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Tesla BLOW: Firm to SHUT DOWN stores amid fears of UK cuts

The California-based firm announced plans to close many of its physical stores on Thursday in order to sell its new Model 3 car online at a lower cost. The store closures have raised concerns over the company\'s future plans in the UK, with fears of further cuts and job losses across the country. Billionaire chief executive Elon Musk said the shift to online sales was essential to sustain business while lowering the car\'s current starting price from £32,400 (US$42,900) to £26,400 (US$35,000) The Silicon Valley Company said it would be \"winding down many of our stores\" over the next few months, with \"a small number of stores in high-traffic locations remaining as galleries, showcases and Tesla information centres\". Related articles Meghan Markle gets star role in International Women’s Day event EU split: EU bosses attack Orban\'s claims of plot to draw immigrant...  However, Mr Musk insisted store closures were the \"only way\" to generate
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