Tesla’s next model, the Model X crossover was due to arrive by the end of this year, but now it looks like its introduction has been delayed by at least a year.
Tesla’s next model, the Model X crossover was due to arrive by the end of this year, but now it looks like its introduction has been delayed by at least a year. Tesla attributes the Model X’s delay to the success of the Model S sedan. Tesla has decided to push back the release date of the Model X to focus on the Model S.
Tesla’s statement:
Tesla has been intensely focused on Model S, its production and product enhancements and believe there is increased volume potential for Model S. As a result, Tesla has decided to slightly push back the development and timing of Model X to 2014. We do not expect a material impact on our profitability in 2013 or 2014.
