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Fortune
Fortune
Christiaan Hetzner

Tesla may have no new car coming after all as report reveals plan to launch a stripped down Model Y

Tesla Inc. Elon Musk 36Kr
Elon Musk arrives for US President Donald Trump's address to a joint session of Congress (Credit: Saul Loeb—AFP via Getty Images)
  • The much touted $25,000 entry level Tesla, known colloquially as the Model 2, may not be built, dashing investor hopes. Instead, future sales growth may have to come from a car without steering wheel or pedals—the CyberCab.

The biggest mystery surrounding Tesla’s product roadmap may have been lifted on Thursday, with news trickling out of China that suggests there may be no Model 2 after all.

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