FILE PHOTO: Elon Musk wears a protective mask as he arrives to attend a meeting with the leadership of the conservative CDU/CSU parliamentary group, in Berlin, Germany September 2, 2020. Tobias Schwarz/Pool via REUTERS


Elon Musk: Tesla mulls expanding in Europe with compact vehicles

By Reuters | Updated - Nov. 24, 2020 at 8:44 a.m. | Posted - Nov. 24, 2020 at 8:38 a.m.

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PARIS (Reuters) — U.S. electric vehicle maker Tesla is looking at expanding in Europe by entering the mass-market segment with a compact car, CEO Elon Musk said on Tuesday.

"Possibly in Europe it would make sense to do, I guess, a compact car, perhaps a hatchback or something like that," Musk told a European online conference on batteries hosted by the German government.

"In the U.S., the cars tend to be bigger for personal taste reasons," he said. "In Europe, (they) tend to be smaller."

Musk said he had had some problems parking his Tesla Model X car in German capital Berlin.

"I was driving a Model X around Berlin and we had quite a bit of trouble finding a parking space where we could fit," he said.

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

All its vehicles are several tens of centimeters longer than Volkswagen's Golf car, the European reference in compact sedans.

On a global level, Tesla is also due to market its new "Cybertruck" pickup within two years.

(Reporting by Leigh Thomas and Gilles Guillaume; Writing by Matthieu Protard; Editing by Jan Harvey)

© Copyright Thomson Reuters 2020




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