Tesla is reportedly working on a redesigned Model 3

Tesla Model 3 Gallery A preproduction Tesla Model 3 as revealed in 2016. | Photo by Chris Ziegler

Tesla reportedly has a new Model 3 design in the works, according to four sources speaking to Reuters with knowledge on the matter. The new model, going by the codename “Highland,” will have fewer interior components and a slightly redesigned exterior, with the goal of both cutting production costs and increasing the appeal of the now five-year-old midsize electric sedan.

The redesigned Model 3 may also have some powertrain performance adjustments, although it’s unclear if this means we wi...

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