TESLA (TSLA) REPORTEDLY DEVELOPING NEW SMALLER, CHEAPER EV AFTER KILLING MODEL 2

Summary from the TLDR newsletter

Tesla's new compact SUV will be priced substantially lower than the Model 3. It will measure about 14 feet in length and weigh approximately 1.5 metric tons. Tesla plans to use a smaller battery pack and a single electric motor. Production will be based in Shanghai, but it is unlikely to begin in 2026.