Tag archives for tesla model x
Tesla’s CEO Elon Musk recently sat down with Motor Trend for an interview, and hinted that the company has plans for an all-electric supercar, as well as an electric truck.
When asked about future products, Musk said “we’d like to do an electric supercar. We have this idea for an electric truck that could really be a big improvement in truck technology.”
Tesla’s next vehicle that will hit the market is the Model X SUV, followed by a 3 series competitor that the brand hopes will be there first large quantity seller. Tesla is looking to become “more experimental as a brand,” says Tesla’s chief designer, Franz von Holzhausen.
SEE ALSO: Tesla Developing Third Model to Take on 3-Series
Also in the experimental category are autonomous vehicles, another area that Musk touched on. “I do think it will be interesting to do self-driving cars, perhaps working in conjunction with Google, who’s quite close to us in Silicon Valley,” he finished.
[Source: Motor Trend]
Paul Sancya/Associated Press
Tesla Motors has confirmed that production of its all-wheel-drive Model X electric crossover will begin in late 2014, a year later than the company had originally announced. The revised timing was described in the company’s Form 10-K filed with the Securities and Exchange Commission last Thursday.
When Tesla first revealed the Model X in February 2012, the company said production would begin at the end of 2013, with deliveries following in 2014. Nearly a year later, at the Detroit auto show last January, Elon Musk, Tesla’s chief executive, made the first public statement about the shift in the schedule. Mr. Musk said production of the Model X would begin in the second half of 2014, according to Reuters.
While Tesla has been saying since the Detroit auto show in January that Model X production would begin in 2014, “our recent 10-K was the first written verification of that,” Shanna Hendricks, a Tesla spokeswoman, said in an e-mail.
“I almost have trouble calling this a delay in Model X, because that makes it sound like we’ve run into problems with Model X, and it’s taking longer than we thought, and it’s out of our control,” Ms. Hendricks wrote. “When, really, we’re consciously pushing back timing to allow ourselves to focus on its production and product enhancements in Model S.”
While Tesla did encounter production delays and problems with its first car, the Roadster, deliveries of the first Tesla Model S sedans were made in early June 2012, a few weeks earlier than originally projected. But in the first few months of Model S production, the company fell short of its own targets, delivering only about 250 cars. By the end of last year, the pace had picked up.
Converting customers with reservations into actual deliveries is critical for the company’s financial health. Tesla reported a fourth-quarter net loss of $81.5 million but says it expects to be profitable sometime in 2013. “We are very focused on achieving profitability and maintaining that profitability,” Ms. Hendricks said.
Tesla has not started putting alpha or beta versions of the Model X on the road for testing, Ms. Hendricks said. Tesla is “still finalizing the design prototype that has been on display at both Detroit and Geneva motor shows,” she wrote. The crossover’s most prominent design feature is the use of “falcon doors,” which are hinged at the top and rise like wings.
The Model X is built on the same platform as the Model S sedan. Tesla’s 10-K document provides this description of the Model X: “This unique vehicle has been designed to fill the niche between the roominess of a minivan and the style of an S.U.V., while having high-performance features such as a dual-motor all-wheel-drive system.”
Reservations for the standard Model X require a $5,000 deposit, while the Signature version requires a $40,000 deposit.
Prices for the Model X have not been announced. Tesla’s 10-K document states: “We anticipate that we will make Model X available with 60 kWh and 85 kWh battery pack options, with pricing of each version similar to those of a comparably equipped Model S.” Prices for the Model S sedan include a standard 60-kilowatt-hour version for $69,900 and an 85-kilowatt-hour model for $79,900. Many buyers are eligible for a $7,500 federal tax credit.
The company continues to state Model X production targets of 10,000 to 15,000 cars a year. There is still some wiggle room on the actual start of production with Mr. Musk stating “the second half of 2014” at the Detroit auto show while the S.E.C. documents state “late 2014.” Tesla’s Web site simply says, “Deliveries begin 2014.”
While we’ve seen the Model X electric crossover concept before, the vehicle sitting at the Tesla booth at this year’s Detroit Auto Show is sporting a few modifications.
The main changes to the Model X are with the interior. Tesla calls the vehicle’s cabin an exploration in interior design, and it really is stunning with gorgeous black and white contrasting colors. The black-and-white look is reflected both in the three-rows of seats, as well as the stylish exterior, which features black and chrome accents that show off the white paint. The theme carries over to the vehicles dashboard which is equipped with the same huge touch-screen that was first seen in the Model S sedan.
SEE MORE: Complete 2013 Detroit Auto Show Coverage
The Model X still has those very cool ‘Falcon doors’ and with production slated for late this year, its likely that design will be final.
The electric-only crossover will be available with either a 60 kWh and 85 kWh battery, as well as a handy all-wheel drive mode.
GALLERY: TESLA MODEL X
Discuss this story at Gas Stinks!
As Tesla hopes to repay its DOE loan five years ahead of schedule, the American electric automaker will be delaying production on the Model X for at least a year.
Tesla originally was on schedule to repay its $465 million loan by the end of 2022, but announced earlier that it now has a target date of repaying the loan by the end of 2017. Unfortunately, those that are eager for the Model X to hit the market will have to be patient, as Tesla now plans on starting production of its electric crossover to late 2014.
SEE ALSO: Tesla DOE Loan Repayment to Finish Years Early
The Tesla Model X was originally slated to begin production later this year, with deliveries beginning early 2014. However, Tesla is also putting more focus on its surprisingly popular Model S, hoping to deliver 20,000 units of its sedan this year. With more focus being placed on the Model S and repayment of the loan, the Model X will just have to sit back and wait its turn.
GALLERY: TESLA MODEL X
[Source: LA Times]
Discuss this story at Tesla-Buzz.com
By Jason Siu
Tesla is looking to expand its product lineup, and besides a BMW 3 Series competitor with a Nissan Leaf price tag, the brand is also planning on bringing a compact crossover to market, both of which will ride on the same platform.
Tesla CEO Elon Musk says that both of these new vehicles will arrive ”in the next three to four years.” Both models will be significantly cheaper than Tesla’s current offering, the Model S, which carries a price tag of about $70,000.
SEE ALSO: Tesla Wants Lower Cost Car to Take on Nissan Leaf
Both are known internally as “gen 3″ because this is the brand’s third generation platform. Musk says that the small sedan will be targetted at the Audi A4 and BMW 3 Series, though it will carry a price tag around $30,000.
As for the compact crossover, it is likely to take its styling cues from the Model X, and may even incorporate the same gull-wing door design. It will look to take on the BMW X1 and Audi Q3.
[Source: Automotive News]
Discuss this story at Tesla-Buzz.com
Highway etiquette states that slower moving vehicles stay to the right. Those slowpokes may want to stay off California highways altogether this Friday.
That’s because Tesla Motors has declared October 19 as “Supercharging Day,” when the electric-vehicle maker’s first six fast chargers will be opened to the public, according to Hybrid Cars. Tesla announced the news via an e-mail to car owners.
The company’s Superchargers, which fact charge at 90 kW and 440 volts, can put 150 miles into a top-of-the-line Model S 85-kWh battery in about a half-hour, or about as long as it takes from a Model S driven by a deranged owner to get from Palo Alto to San Francisco.
Earlier this month, Tesla said it’s getting $10 million from the state to help prepare its Fremont, CA, factory to one day start making the Model X SUV there. That model is expected to see the light of day in 2014 and will be Supercharger-capable.
Related Gallery2012 Tesla Model S: First Drive
By Danny King
Tesla’s next project, the Model X crossover, is at least one step closer to reality thanks to a $10 million grant from the California Government.
Grand as that figure might sound, it’s only a small chunk of what the company will need to spend in developing its SUV. Tesla itself is providing $50,200,000 in funding for the project. Initially revealed early this year, Tesla’s largest product to date will enjoy California funding because of the 500 manufacturing jobs it will create in the state.
Said to run from 0-60 mph in under five seconds, the car will be powered by two electric motors sucking power from either a 60- or 80-kWh battery. The brand expects to offer up to 250 miles of range on a single charge in what will be the first electric crossover to hit the California market. It will also offer loads of storage space both in the cabin and under the hood where an engine usually sits.
It isn’t clear when the Model X will be available, but the latest report suggests the project is still moving forward.