Tesla planning cheaper EV that 'most people can afford'

Turns out the Model 3 isn't going to be Tesla's most affordable model. Go figure.

Speaking at the Future Transportation Solutions conference in Oslo, Norway last week, Tesla CEO Elon Musk admitted that "there will be future cars that are even more affordable [than the Model 3] down the road." Adding, "I'm super excited about being able to produce a car that most people can afford."

You can see the comments for yourself in the YouTube video below, starting around the 12-minute mark.

If you were wondering, "If there are more affordable Teslas coming, then who is the Model 3 for?" Musk has an answer for you. Read more...