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Tesla Model 3 - not a car but a series of vehicles?

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So the Verge speculates that Tesla will announce two vehicles, a car and a crossover, at the March event http://www.theverge.com/2016/1/28/10861656/tesla-model-y-announcement-date-model-3 . This doesn't sound like news. Didn't Musk say that Model 3 was a series or platform for a less expensive ev? Let's discuss all things Model 3 here.