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Elon Musk crisis as MILLIONS wiped off business as share price plummets - 'getting stale'

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Tesla is preparing to launch a new all-electric SUV, the Model Y. This was described by Mr Musk as “the safest mid-size SUV in the world by far” and “like a sports car”.

However market experts have raised concerns about the existing S and X Models as well as the profitability of the Model 3 hire scheme.Jessica Caldwell, Executive Director of Insights for Edmunds, warned customers are getting bored of some Tesla products.

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