march: A standard version, to be available sometime in 2021, would cost about 39,000, Musk said, according to The Guardian. The vehicle will be the fifth model for the electric carmaker, which has spent the past three years struggling to fulfill its March 2016 promise to produce a mass-market electric sedan for 35,000. Chief Executive Elon Musk said the compact SUV would first debut in a long-range version with a range of 300 miles priced at about 47,000. Tesla finally began selling versions of that sedan, the Model 3, for 35,000 on 28 February, though the milestone came amid typical Tesla chaos the company said it would help achieve the price cut by closing all its stores and moving to online-only sales, only to backtrack less than two weeks later. In late February, the US Securities and Exchange Commission asked a judge to hold Musk in contempt of court for allegedly violating a settlement requiring him not to publish inaccurate and material information about the publicly traded company on his Twitter feed. Other turmoil has stemmed from Tesla's mercurial chief executive, who continues to generate controversy and headlines for all the wrong reasons.
(news.financializer.com). As
reported in the news.
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