Tesla is developing a new smaller, cheaper electric SUV
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Tesla is developing a new compact electric SUV, measuring 4.28 meters in length, with primary manufacturing planned for China. The vehicle is projected to be cheaper than the current Model Y, with a reduced-capacity battery and single-motor configuration, aiming to make Tesla's products more accessible to a wider range of consumers.
Tesla is engineering a compact SUV, shorter and cheaper than the Model Y. The vehicle will be approximately 4.28 meters long, with primary production in China and possible expansion to the US and Europe. Pricing will be lower than the base Model 3, around $37,000. The new SUV will have a reduced-capacity battery and single-motor configuration, resulting in a shorter range than the Model Y. Tesla's deliveries have declined for two consecutive years, with 1.64 million units sold in 2025. The company's shares have tumbled 24% this year.
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