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Tesla falls on Model 3 production delay, but analysts upbeat

January 4, 2018

Via: Reuters

Analysts, however, stayed upbeat, saying the electric car maker had finally set an achievable target for their mass-market sedan that is priced at $35,000.

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Tesla said on Wednesday it would likely build about 2,500 Model 3s per week by the end of the first quarter, half the number it had earlier promised. The company now expects to reach its goal of 5,000 vehicles per week by the end of the second quarter.

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