This is according to a tweet by @ImjustSayingJC who claims that Google will only release an XL version of the Pixel 5, and that it will cost $699. Google had previously announced the Pixel 4a which is a mid-ranger handset. The company later confirmed their plans for the Pixel 4a 5G and the Pixel 5.
-According to information I have been provided….
Google Pixel 5 expected to come in only XL variant with 765G variant priced at $699
— Jason C – I'm Just Saying (@ImjustSayingJC) August 12, 2020
We’re not sure if Google mentioned the Pixel 5 as in the Pixel 5 lineup, or the Pixel 5 base model, so it is a bit unclear at this point. Also, the tweet claims that the Pixel 5 will be powered by Qualcomm’s Snapdragon 765G chipset, which means that Google might not necessarily release a high-end flagship handset this year.
Either way, take it with a grain of salt for now, but Google should have an announcement in the coming months, so check back with us then for more details.