Tesla’s next car could cost less to build than Model 3: Musk

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The next new model Tesla is working will be smaller and cost less to build than its Model 3, CEO Elon Musk told investors on a company earnings call late October. No specific timeline for the development or launch of the new model was spelled out, but Musk claims the vehicle could outsell all other Teslas combined as the company looks to reduce production costs by approximately 50 per cent. Read More

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