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Tesla's Musk abandons SEX plan; will name new lower-cost car Model 3
Tesla's Musk abandons SEX plan; will name new lower-cost car Model 3

Tesla Motors CEO Elon Musk once thought the electric car company’s lineup would spell out SEX. There would be the Model S sedan, the upcoming Model X sport-utility vehicle and later, the Model E, a smaller, less expensive vehicle for the masses. Stymied by Ford Motor Co. – it has the rights to E – Musk is now going for Model 3 for the third car, he told the British automotive news website Auto Express. The Model 3 will go on sale in 2017 for about $40,000, said Tesla spokesman Simon Sproule, although the price could change as the vehicle gets closer to market. The car will be about 20% smaller than Telsa’s Model S and much less expensive. The Model S starts at...

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