Automakers

Tesla puts on hold plans for compact EV aimed at European buyers

Tesla Berlin plant Dec 2021
Tesla is currently carrying preproduction testing at the Gruenheide factory where its plans to build as many as 500,000 Model Y SUVs a year. (Reuters)
January 29, 2022 10:52 AM

BERLIN -- Tesla CEO Elon Musk said the automaker has stopped work for now on a compact electric car, which previous reports said was being developed for the European market.

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