Electric vehicle enthusiasts have been eagerly awaiting the arrival of a budget-friendly Tesla model, but it seems that the company's plans for a $25K car have been put on hold. In a surprising move, Tesla has reportedly canceled its plans to produce the affordable sedan, leaving many to wonder what the future holds for the brand's entry-level offerings. However, sources close to the company suggest that Tesla is shifting its focus to a new, cheaper SUV, which could potentially fill the gap left by the canceled sedan. As the electric vehicle market continues to heat up, Tesla's decision raises questions about the company's strategy for making its innovative technology more accessible to a wider range of consumers.
Tesla Killed Its $25K Car – Now It’s Building a New Cheap SUV Yahoo Autos