Tesla mulls expanding in Europe with compact vehicles: CEO


In this news, we discuss the Tesla mulls expanding in Europe with compact vehicles: CEO.

PARIS (Reuters) – U.S. electric vehicle maker Tesla plans to expand into Europe by entering the mass market segment with a compact car, chief executive Elon Musk said on Tuesday.

“Maybe in Europe it would make sense to make, I guess, a compact car, maybe a sedan or something,” Musk said at a European online conference on batteries hosted by the German government.

“In the United States, cars tend to be larger for reasons of personal taste,” he said. “In Europe, (they) tend to be smaller.”

Musk said he had had problems parking his five-meter-long Tesla Model X car in the German capital Berlin.

“I was driving a Model X around Berlin and we had a hard time finding a parking space where we could get into,” he said.

The California-based automaker currently sells 4 car models, including its Model 3 midsize sedan and Model Y midsize sport utility vehicle.

All of its vehicles are several tens of centimeters taller than Volkswagen’s Golf, the European benchmark for compact sedans.

Globally, Tesla should also market its new “Cybertruck” pickup within two years.

Reporting by Leigh Thomas and Gilles Guillaume; Writing by Matthieu Protard; Edited by Jan Harvey

Original © Thomson Reuters

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