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Tesla pivots back to developing small EV
Ars Technica·
Tesla appears to be reversing course on its decision to cancel a smaller, more affordable electric vehicle, reportedly now working on a new design. This new EV, distinct from the Model 3 or Y, is said to be shorter and is planned for initial production in China. However, potential US imports face significant tariffs, and production in the US or Germany is uncertain. The company's focus has recently shifted towards AI and robotics, with reports of declining sales and cash flow issues casting a shadow over new vehicle development.
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Ars Technica — arstechnica.com