First, Tesla canceled the Model 2—now it's working on a new small EV

What Happened

One of life's abiding mysteries—at least to this writer—has been Tesla's enduring success over recent years despite offering so few choices for customers.

Why It Matters

With the death of the low-volume and antiquated Models S and X to free factory space for CEO Elon Musk's stated desire to build billions of humanoid robots, the car company now sells just two models outside the US (and effectively in the US, given languishing Cybertruck sales).

Key Details

  • That could be changing, though.
  • According to a Reuters report this morning, Tesla is working on a smaller, cheaper EV.
  • The claim is based on accounts from four anonymous sources, all of whom work for companies that supply Tesla.
  • They say Tesla is developing a new, smaller EV, an all-new design rather than something based on the Model 3 or Model Y.

Background Context

One of life's abiding mysteries—at least to this writer—has been Tesla's enduring success over recent years despite offering so few choices for customers. With the death of the low-volume and antiquated Models S and X to free factory space for CEO Elon Musk's stated desire to build billions of humanoid robots, the car company now sells just two models outside the US (and effectively in the US, given languishing Cybertruck sales). That could be changing, though. According to a Reuters report this morning, Tesla is working on a smaller, cheaper EV. The claim is based on accounts from four anonymous sources, all of whom work for companies that supply Tesla. They say Tesla is developing a new, s

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Source: Ars Technica – All contentOriginal Link

Source: Ars Technica – All content

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