Washington â¢ Electric automaker Tesla has produced its first Model 3 sedan, a highly anticipated car because it carries a relatively low sticker price.
CEO Elon Musk late Saturday tweeted pictures of the car, which will cost $35,000 and can travel 215 miles on a single electric charge. A $7,500 federal tax credit for electric vehicles would lower the cost to $27,500.
The new model comes after a bad week for Teslaâs stock price.
Shares fell roughly 14 percent after Musk tweeted that deliveries of...
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