Tesla Wants an EV Smaller Than the Model 3

Everyone’s favorite genius Elon Musk told investors he’s looking to bring a smaller EV hatchback to the market to compete with the growing list of electric runabouts. “We will not succeed in our mission if we don’t make cars affordable. The thing that bugs me the most about where we are right now is that our cars aren’t affordable enough. We need to fix that.”

He then added, “It would be reasonable to assume that we would make a compact vehicle of some kind and probably a higher-capacity vehicle of some kind.”

Autocar notes, and we agree, that if we’re still waiting for the Tesla semitruck, the new Tesla Roadster and the Tesla Cybertruck, a smaller hatchback is probably a long way off. But the company does need something smaller and more affordable if it wants to really cover the market. Besides the slew of new Volkswagen ID cars, we have the new Chevrolet Bolt and Bolt EUV, the Mini Cooper SE, Hyundai Kona and a handful of others competing in the lower half of the EV market.

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