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Business News Roundup, March 22
Tesla Motors wants its next electric car, the Model 3, to target middle-class drivers. So the company has priced its reservations accordingly. Tesla announced Monday that reservations for the $35,000 car will cost $1,000, compared to $5,000 for the Model X
ADB s IPO highly subscribed
Citi Business News has gathered that the Agricultural Development Bank s Initial Public Offer (IPO) has been highly subscribed. According to sources close to the bank, expectations to allow more retail purchase of its shares have also been met.