Tesla £20k hatchback teased ahead of tonight's Investors Day event

Tesla could uncover its tipped Volkswagen ID 3-rivalling electrical hatchback contiguous astatine the firm’s Investors Day, wherever CEO Elon Musk volition denote the firm’s third-generation EV platform.

A side-profile drafting of what could go Tesla's smallest, cheapest exemplary was shown successful a societal media video announcing the opening of the firm's engineering headquarters. The firm's smallest hatchback is expected to spell connected merchantability astatine astir £20,000 and appears to person 3 doors with overmuch smaller, squatter proportions than the Tesla Model 3.

A facelift of the best-selling Model 3 and Tesla Model Y besides look to beryllium shown successful the sketches. Although not officially confirmed, it's apt that they could beryllium the archetypal cars to usage the American firm's next-generation EV platform, codenamed Generation 3.

Musk has antecedently said the level volition guarantee that Tesla can chopped accumulation costs (and truthful conveyance prices) while doubling its existent output. 

The highly palmy Model 3 is Tesla’s existent cheapest offering, priced from £42,000 successful its astir affordable signifier successful the UK. As reported by InsideEVs, Musk said the firm’s caller level volition mean producing EVs astatine fractional this cost, which suggests that a mass-market, affordable hatchback is simply a viable prospect. 

Previously tipped to spell connected merchantability successful 2023, a starting terms successful the US of astir $25,000 has been suggested for the hatchback, which translates to little than £18,000 successful the UK. However, Tesla’s models typically outgo somewhat much extracurricular of the homeland, truthful an on-sale terms of astir £20,000 is much likely. 

For this price, a scope of 250 miles from a 50kWh artillery (its smallest battalion truthful far) has been tipped, allowing it to vie with established rivals specified arsenic the ID 3, Nissan Leaf and Kia e-Niro.

The caller hatchback volition allegedly beryllium produced successful China, arsenic reported by Teslarati, with Tesla China posting a occupation offering to prospective mill workers connected a poster showing the aforesaid nameless compact hatchback. 

Tesla currently offers 4 cars successful its range; the Model S, Model X, Model 3 and Model Y, which each came to marketplace successful 2012, 2016, 2017 and 2019 respectively. These each usage Tesla’s soon-to-be-replaced second-generation platform.