Part 5/16:
Tesla’s leadership provided some of the clearest insights yet about upcoming affordable vehicle offerings. Tesla’s Lars hinted at the company’s focus on introducing models that strike a balance between cost reduction and maintaining quality. He emphasized that the goal isn’t to make the cars worse but to deliver affordable EVs without sacrificing performance or design quality.
The expected launch is within the next few months, and rumors suggest the new models could be smaller—around 15% more compact—and lighter by approximately 30%. While some speculation believed Tesla might merely create stripped-down versions of the Model 3 or Model Y, Lars’ language and recent rumors imply these will be entirely new, smaller vehicles.