Tesla shares fall due to $4 billion cost of Elon Musk's 'master plan'

Elon Musk's latest "master plan" for Tesla Motors to develop an electric commercial truck, a public bus, a pickup and systems to enable fully autonomous driving could cost $US2 billion to $US3 billion ($4 billion) or more, experts and analysts said on Thursday US time.

Musk did not lay out a budget for his latest strategy, revealed on Wednesday US time, to expand Tesla into a broader range of vehicle markets as well as ride services and solar energy systems. The Tesla chief executive also did not explain how the company planned to pay for the new products he envisioned.

Reuters