It looks increasingly likely that the much touted $25,000 entry level Tesla known colloquially as the Model 2 will not be built.

CNBC’s Phil LeBeau joins 'Closing Bell' to discuss Tesla next model with a lower price point and the upcoming auto tariffs.

Telsa plans to make a slightly smaller Model Y that costs at least 20 percent less to build than the recently refreshed Model Y.

It’s another Friday, so it’s time for another affordable Tesla rumor. The automaker is now expected to roll out a less expensive EV as soon as later this year , taking the form of a smaller Model Y.