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Tesla's new Model X is great, but Morgan Stanley analysts say it's too pricey.

After much anticipation, the electric-car company unveiled its new SUV last week, and it said it already had a backlog of orders out to a year.

In a note on Tuesday, Morgan Stanley's Adam Jonas wrote that as great as the car was, the $132,000 price tag — mentioned in media reports and quoted for early adopters — was just too expensive



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Is Tesla's New Model X Worth The $132,000 Price Of Admission?

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