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Tesla Motors (TSLA) stock rose 3% on news Friday that a Model S will go from 0-60 miles per hour in just 2.8 seconds — what CEO Elon Musk calls Ludicrous Mode, and other announcements, including longer driving range. But one of the announcements ties to something that could lower the electric car maker’s margin: a price cut on its entry edition. Musk said in a press conference that along with optional upgrades providing a 10% improvement to the Scalper1 News
Scalper1 News