Tesla Reportedly Developing New Electric SUV Priced Below the Model 3

SummaryTesla is reportedly developing an all-new compact electric SUV in Shanghai, aiming for a price point well below the Model 3The scaled-down vehicle features a lighter frame, single motor, and a smaller battery pack to dramatically cut production costsThe pivot bridges the gap between traditional driving and full autonomy, equipping the EV with a steering wheel for markets not yet ready for driverless techTesla is rumored to be hitting the reset button on its entry-level ambitions. Followin...