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Big Price Tag Seen For Musk's Tesla 'master Plan', Shares Fall


Ron Burgundy
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Tesla Chief Executive Elon Musk attends a forum on startups in Hong KongElon Musk's latest "master plan" for Tesla Motors Inc to develop an electric commercial truck, a public bus, a pickup and systems to enable fully autonomous driving could cost $2 billion to $3 billion or more, experts and analysts said Thursday. Musk did not lay out a budget for his latest strategy, revealed on Wednesday, to expand Tesla into a broader range of vehicle markets as well as ride services and solar energy systems. The Tesla chief executive also did not explain how the company planned to pay for the new products he envisioned.




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