BMW shares fall 2%; Daimler, VW shares down about 1%

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Is Tesla Abandoning the Mass Market?

Tesla has given its first signals that it’s giving up on its ambition to become a mass-market car maker, when Chief Executive Elon Musk admitted that his promised $35,000 Model 3 vehicle would cause the company to “lose money and die” if built right away.

  • on The Wall Street Journal

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