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Porsche May Challenge Tesla (TSLA) EVs By Rolling Out 7th Model Line By 2020 Porsche is ready to expand the variety of its luxury sports vehicles, as it plans to roll out a new model by the end of this decade. At an annual press conference held in Stuttgart, Germany, Porsche CEO Matthias Mueller stated: In the not-too-distant future, we will present a seventh model line." Mr. Mueller said the automaker is planning for the new model, even though the decision has not yet been taken by board members.
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