Elon Musk just announced a new, cheaper Tesla — via Twitter, of course

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Elon Musk has been known to make some big promises on Twitter. His latest? A new, cheaper Tesla — but it’s still not the standard version he has long been promising.

On Thursday evening, the Tesla CEO announced that the company will begin selling a new, mid-range version of the Tesla Model 3 electric sedan, with a sticker price of $45,000 — or about $35,000 after federal and state tax rebates in California.



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