Gap Inc said on Thursday it would separate its better-performing Old Navy brand into a publicly traded company and close about 230 stores of its struggling namesake apparel business, sending its shares surging about 25 percent.
Tesla Inc said on Thursday it would offer a $35,000 version of its Model 3 sedan with a delivery time of two to four weeks, nearly two years after the company originally promised the car at that price.
Tesla Inc’s will offer a $35,000 version of its Model 3 sedan with a shorter battery range and new interior, Electrek reported on Thursday, nearly two years after the company originally promised the car at that price.
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