Two of the people described the new vehicle as a compact crossover.
Others have said it could look more like a compact Model Y than a hatchback-style Model 3.
Three sources said mass production is slated to begin in June of next year.
If that timeline is accurate, then we can probably expect an official announcement sometime later this year.
All of the sources spoke anonymously due to the confidential nature of the subject.
Even without it, such a price point would be highly attractive to many.
Tesla’s fourth quarter earnings report is due out later today after the bell.
Image credit:Duren Williams,Maik Poblocki
