"Tesla is developing a small, affordable SUV, speculated to be priced similarly to the Model 3 and Model Y, but smaller and more compact. This vehicle would be built in China and represent a fresh platform rather than a variant of existing models."
"Elon Musk previously stated that a conventional low-cost model would be 'pointless' and 'completely at odds with what we believe,' indicating a strong stance against entering price-driven competition."
"Chasing a bare-bones cheap EV runs counter to Tesla's core mission of accelerating sustainable energy through cutting-edge technology and autonomy rather than volume-driven price wars."
Tesla is reportedly in the early stages of developing a smaller, affordable electric SUV, aiming to broaden its lineup. This vehicle would be shorter than the Model Y and built in China. However, skepticism surrounds this rumor due to previous decisions, including the cancellation of a $25,000 EV project. CEO Elon Musk has stated that a low-cost model contradicts Tesla's mission of promoting sustainable energy through advanced technology rather than competing in price wars. The market's demand for larger vehicles also raises questions about this new model's viability.
Read at TESLARATI
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