Home Blockchain News Elon Musk Teases ‘Model Y’ SUV, Fails to Rescue Tesla’s 7% Stock Fall

Elon Musk Teases ‘Model Y’ SUV, Fails to Rescue Tesla’s 7% Stock Fall

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Tesla has not had its best of weeks. Amidst fierce protests over drastic price cuts and a 7 percent plunge in its stock price, the company is facing criticisms from analysts and its customers. On Sunday, Tesla CEO Elon Musk announced the launch of Model Y, a new addition to the company’s SUV line, and the Tesla V3.0 Supercharger Station, which could relieve some pressure on the company. Model Y, being an SUV, is about 10% bigger than Model 3, so will cost about 10% more & have slightly less range for same battery — Elon Musk (@elonmusk) March 3,

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