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Tesla falters with Model 3 as initial output trails forecast

"This guy has figured out how to land a rocket on a ship. Whatever it is, he'll get it sorted out." - Ross Gerber, CEO of Gerber Kawasaki Wealth & Investment Management, on Tesla chief Elon Musk (above)

San Francisco

TESLA Inc struggled to produce its cheapest model shortly after the car debuted, setting back chief executive officer Elon Musk's mission to reach mainstream consumers.

The carmaker built only 260 Model 3s during the quarter ended in...

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