Tesla is preparing to start mass producing a new model from next year, with that model said to be a compact crossover, Reuters has reported, citing unnamed sources familiar with the plans. The new model would be a response to Tesla fans’ expectations for an affordable car, which CEO Elon Musk has been teasing for years. According to the Reuters report, the base model of the new car, which has been dubbed “Redwood”, could cost as little as $25,000. Initial production is planned at 10,000 cars per week, the unnamed sources also…
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