Tesla is developing a new smaller, cheaper EV, sources say

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The effort follows a decision by chief executive Elon Musk to scrap a highly anticipated low-cost EV project in 2024 and pivot the company to focus on robotaxis and humanoid robots. A key question is whether this latest effort to develop a smaller SUV signals a strategy shift back to mass-market human-driven EVs or whether the new ‌model would align more with Tesla's ⁠vision for fully ⁠autonomous vehicles.