Apr. 11 at 1:55 AM
On Thursday, April 9, Reuters reported that Tesla is working on a new electric SUV and has been engaging suppliers regarding manufacturing logistics and component specifications.
The proposed model is expected to be over 18 inches shorter than the current Model Y (approximately 14 ft vs 15.7 ft) and positioned at a lower price point than the Model Y, which currently starts at an MSRP of
$39,990 for the base version.
According to four sources familiar with the matter, the vehicle is planned for production in China, with potential future expansion into the United States and Europe. Tesla’s Shanghai facility, which also exports to Europe and other regions, recorded production of 85,670 units in Q1, up nearly 9% year over year.
$TSLA