Tesla is un-canceling its plan to build a smaller, cheaper EV: report by Andrew J. Hawkins
Today, Reuters is reporting that the electric automaker is calling around to suppliers about building an all-new — that is, not based on the Model 3 or the Model Y — electric SUV that would be more affordable than its current lineup. The report, which is based on four anonymous sources in the know, said the vehicle would be built first in China, before eventually being brought to the US and European markets.
Would be a good move. Though I don’t think I will ever buy a Tesla. But hey, please change my mind.
Tesla discontinuing Model S and Model X to make room for robots by Andrew J. Hawkins
Tesla will discontinue the Model S and Model X in the second quarter of 2026, Elon Musk said in an earnings call with investors today. No advance word was given about the cancellations, making it an abrupt ending for Tesla's two original flagship EVs.
Makes sense. Tesla is clearly losing the EV game to the Chinese manufacturers. There is simply too much competition there. Makes sense to pivot to something no one else is doing.