The new Tesla Model 3 is intended for a mass market unlike previous models. The basic car will be listed at $35,000 although buyers who have already reserved their cars are reporting paying closer to $50,000 for various bells and whistles. Tesla is aiming to produce 240,000 cars a year, up from about 100,000 right now. You will have to take a test drive to see if you like the new model but how about the stock? Will the new mass market model help Tesla?
Will the Stock Go Down?
CNBC is skeptical that Tesla can make a profit mass producing this […]