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JPMorgan: So Much For 'Mass Market' Tesla Model 3?

Tesla has an estimated 450,000 preorders for its Model 3, but JPMorgan isn't happy about it. According to Business Insider, Tesla has said it is facing production bottlenecks that it hopes to solve soon. But the bank says investors are underestimating the risk of Tesla not being able to get its act together. And if the Model 3 is simply harder to manufacture than Tesla predicted, it could mean fewer cars will be made--and customers will pay more. Both of these problems would put dents in the "mass-market" branding of the Model 3.
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