Report: $25,000 Tesla Hot Hatch Coming In 2023 To Rival VW ID.3
Tesla has many upcoming vehicles in the pipeline, but it hasn't really made much progress on bringing them to market. We're talking about the popular Tesla Cybertruck, next-gen Roadster, and Tesla Semi. However, there has also been talk about a smaller, cheaper Tesla car, perhaps a compact hatchback that starts at $25,000.
Tesla is already receiving record orders, it's reportedly sold out in many areas for many months, and it can't possibly produce enough vehicles to satisfy demand. Clearly, bringing more vehicles to market at this time would just make the situation even more difficult.
Nonetheless, CEO Elon Musk has made it clear he thinks a future Tesla compact car good idea. In fact, the company has already gone so far as to try to recruit folks in China to design the car. More specifically, the car will be designed and produced in China, but sold across the globe.
Now, a recent report on Autocar sheds some new light on the upcoming "cheap" Tesla. The publication points to Tesla's most successful quarterly sales in its 13-year history, writing that Tesla is working to "cement itself as the world’s leading electric vehicle brand in the face of fierce competition from established manufacturers." This, via a compact hot hatch to compete with the likes of the Volkswagen ID.3, Nissan LEAF, and Kia Niro EV.
