Tesla to Unveil New Model

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March 4, 2019—Tesla Inc will unveil its Model Y on March 14 at an event in LA Design Studio, chief executive Elon Musk said on Sunday, reported Reuters.

The Shanghai Gigafactory, based in eastern China, aims to manufacture Model 3 and Model Y cars, with annual capacity of 250,000 vehicles

According to Musk, Model Y will be an SUV, so it will cost about 10 percent more and have a slightly less range for the same battery.

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