Tesla is un-canceling its plan to build a smaller, cheaper EV: report
1 sources·1 updates
Tesla is reportedly reviving its plans to build a smaller, more affordable electric vehicle, potentially an SUV priced below $25,000. This marks a significant change for Elon Musk, who previously deemed such a model unnecessary while focusing on autonomous vehicle technology. The new vehicle is expected to be manufactured in China before being introduced in the US and European markets.
Key Points
Tesla is reportedly exploring a new electric SUV priced below $25,000.
The vehicle is expected to be manufactured first in China before reaching the US and Europe.
Elon Musk previously canceled the Model 2 in 2024 to focus on autonomous vehicle development.
Timeline
Get personalized news summaries delivered to your feed
Try Trace Free