Finally, Tesla Is Said to Be Developing an All-New SUV -- but That's Not the Biggest Surprise
Tesla is reportedly developing a new, smaller electric SUV, potentially to be produced in China, which could help the company leverage China's advancements in electric vehicles. The new vehicle may bridge the gap between Tesla's current lineup and its future driverless technology ambitions.
Tesla is developing a new, smaller electric SUV, according to unnamed sources. The company has been in discussions with suppliers about the compact SUV, which is expected to be an all-new vehicle rather than a variant of the Model Y. Production is likely to take place in China, which could give Tesla a competitive advantage due to China's advancements in electric vehicles. The new SUV may be designed to be adaptable to both human-driven and driverless use. Tesla's valuation has been boosted by its potential robotaxi business, despite declining global sales and profits. The new SUV could help bridge the gap between Tesla's current lineup and its future driverless technology ambitions.
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