Tesla asks suppliers for money back on Model 3 parts

Tesla Model 3 all-wheel drive Performance rolls off a new assembly line in a temporary structureIn its ongoing effort to reach profitability by the end of this year, Tesla has asked several of its suppliers to lower prices retroactively on components of the Model 3, including some contracts that date back to 2016. In a memo sent to the suppliers last week and reviewed by The Wall Street Journal (subscription required), the company reportedly...