#CarNews: Tesla accelerates to hit target of making 500,000 cars

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Tesla on Wednesday said it was speeding the timeline for building a half million electric cars as it shrunk its quarterly loss.

Hot demand for a new, more affordable Model 3 led the company to shave two years off its timeline for building a combined total of 500,000 vehicles, combining Model S, Model X, and Model 3, and make the new target date 2018.

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