Tesla Debunks Rumors of Developing an Affordable SUV

[New Vehicle Update] Tesla denies it is developing a smaller, cheaper electric SUV.

Core Development: Tesla Urgently Clarifies That Reports of an 'Affordable SUV' Are False

Tesla China explicitly responded to media inquiries, stating that the related reports are "rumors." Previously, Reuters cited four informed sources claiming that Tesla was discussing with suppliers a new compact electric SUV approximately 4.28 meters long and weighing around 1.5 tons, which would use a single motor and a smaller battery pack to reduce costs.

Strategic Foundation: Low-Cost Vehicle Project Already Halted by Musk

The rumored vehicle was seen as a revival of the "Redwood" (also known as Model 2) project, which was canceled in 2024. However, Musk has publicly stated that developing a $25,000 electric vehicle is "pointless," and the company's focus has shifted to robotaxis and humanoid robots. The project has not yet received formal approval.