Reuters reports $Tesla(TSLA.US) is in early development for a new entry-level vehicle, roughly 5% smaller than the Cybercab. It reportedly has NOT received a green light yet, and no timing was given. My first reaction was click bait.My take: We’ve seen two hints about new models this month: today’s Reuters story and Elon’s March 25th comment that “something way cooler than a minivan is coming.” What is more clear is Tesla is working on new vehicles. My guess, we see an announcement in 2027 pointing toward a 2028 release.Source: Gene Munster