Tesla Motors has denied rumors that a second vehicle will make its debut alongside the Model 3 in March.
The company is widely expected to launch a crossover based on the Model 3. A deleted Twitter post suggests it will be labeled the Model Y, apparently completing a S-3-X-Y lineup without fighting over the trademark for Model E.
Citing leaked presentation images with two veiled cars displayed side-by-side, Electrek speculated that Tesla’s March event would simultaneously introduce two different models.
Tesla now claims the report was simply “wrong,” though the denial is said to have included confirmation that another model is under development on the same platform as the Model 3.
The fledgling automaker may attempt to narrow the gap between the Model 3 and its higher-riding stablemate. The crossover segment is still experiencing particularly strong growth — much higher than sedans — and quick arrival of a second affordable model could further improve economies of scale as the company ramps up Gigafactory battery production.
The first Model 3 sedans are expected to arrive on the market sometime late next year.
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