Fiat Chrysler Automobiles could build a rival to Tesla's Model 3 compact electric car with Italian flair if the business case makes sense, FCA CEO Sergio Marchionne said. Tesla unveiled the $35,000 Model 3 earlier this month. Company officials have said that advanced orders are approaching 400,000, according to various media reports.
"I'm am not surprised by the high number of reservations but you have then to build and deliver them and also be profitable," Marchionne said on the sidelines on FCA's annual meeting in Amsterdam today.
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