Tesla is currently working on a redesign of the Model3 in a bid to help the automaker reduce production costs, a new report claims.
Codenamed “Highland,” the project to revamp the Model 3 would cut the complexity and number of components inside Tesla’s electric car, four people claiming to have knowledge of the matter told Reuters this week. Changes to the Model 3’s exterior and powertrain performance are also possible, the report said.
Related The new design, if it comes to fruition, will be produced at Tesla factories in Fremont, California, and Shanghai, China. The Shanghai plant may begin making the revamped vehicle in the third quarter of 2023, Reuters’ sources said, though a timeline for production at the Fremont factory was not forthcoming.
To be clear, Tesla has yet to officially announce any intention to overhaul the Model 3, but we’ll be sure to update if Tesla boss Elon Musk reveals such a plan.
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