Tesla is un-cancelling its plan to build a smaller, cheaper EV: report

It looks similar a smaller, cheaper Tesla is backmost connected the menu.

Today, Reuters is reporting that the electrical automaker is calling astir to suppliers astir gathering an all-new - that is, not based connected the Model 3 oregon the Model Y - electrical SUV that would beryllium much affordable than its existent lineup. The report, which is based connected 4 anonymous sources successful the know, said the conveyance would beryllium built archetypal successful China, earlier yet being brought to the US and European markets.

If true, this would correspond a beauteous large reversal for Tesla, and particularly for Elon Musk, who has insisted implicit the past fewer years that the institution doesn't request to marque …

Read the afloat communicative astatine The Verge.