Tesla is reportedly working on compact crossover EV codenamed “Redwood” with production set to start in June 2025, sources familiar with the matter told Reuters. The company reportedly sent requests for quotes for the new model to suppliers last year, predicting a weekly production volume of 10,000 vehicles.
The rumor lines up with Elon Musk’s comments at a May 2023 shareholder meeting that Tesla was working on two new EV models that could sell up to 5 million a year combined….
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