Rumours of an affordable Tesla model have been circulating for a while, with commentators calling it the Tesla Model 2. It's likely to ... with a decent level of tech inside.

Tesla stock moved higher, up about 11%, adding another $3 to $4 since the call began. The company was asked early about the company's plans for an affordable vehicle, called the Model 2.

Tesla’s price adjustments could be building a gap between the expected new lower-priced model—typically called the Model 2 by analysts—and the existing production lineup. The 2 should likely ...