Tesla is drawing plans to produce a smaller crossover SUV that will compete against the BMW X3, as well as a new sports car to succeed the discontinued Tesla Roadster, according to founder Elon Musk.
The new designs, planned for 2016, will bring to five the total number of models produced by the Silicon Valley electric car maker. They will join the current Model S sedan, the already announced Model X crossover, and a planned entry-level sedan that Musk says will launch in 2015 at a price tag of around $30,000.
Musk shared few details about the new models, but said they were needed to reach the economy of scale necessary to turn a profit from Tesla’s new vehicle architecture. He tells Wired that the small crossover and the sports car are planned for launch at the same time — after the unnamed entry-level sedan. “We’ll do the X3 equivalent [crossover] and then a Roadster follow-up in parallel,” says Musk.
Musk wouldn’t say whether the small crossover will feature the innovative, dual-hinged gull-wing doors of the Model