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

After canceling its long-anticipated "Model 2" affordable EV program in 2024 and pivoting toward robotaxis, Tesla is now reportedly developing an all-new compact electric SUV priced substantially below its entry-level Model 3, according to four sources who spoke with Reuters. The vehicle would use a smaller battery and single electric motor to cut costs, measuring approximately 14 feet in length — significantly shorter than the Model Y. Designed with a dual-purpose approach supporting both driverless and human-driven operation, the project remains in early development with no confirmed production timeline before 2027.

Related

• Volkswagen stops building ID.4s in the US, has inventory 'into 2027'
• F1 moves a step closer to fixing its 2026 hybrid problem
• Only a few hundred Tesla Model S & X cars left in inventory. Order now if you want one.

Source: industry