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Tesla Model X Coming In February

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On: Fri, Jan 13, 2012 at 12:38PM | By: Chris Weiss

Tesla Model X Coming In February

Last August, Tesla CEO Elon Musk said that Tesla planned to introduce a concept version of its next car--the Model X crossover--before the end of the year. Well, guess what? The champagne is drained; the confetti is cleaned and all but the most monumental hangovers have cleared. And we still haven't seen the Model X.  Musk cleared this up in saying that the new concept will make its debut next month.

In a statement from Musk published on tech blog GigaOM, Musk confirmed a February 9 unveiling. He didn't specifically say the Chicago Auto Show, but given that the show starts that day, it seems like a highly likely venue.

Musk didn't reveal any new details on the Model X, but it's known to be a crossover built on the same platform as the Model S. It will offer three rows of seating.

Not surprisingly, Musk is undeterred by this month's surge of analyst predictions and surveys opining that electric vehicles and plug-in hybrids will remain but a fraction of the automotive market for years to come. Musk states that he sees battery energy prices dropping about 7 to 9 percent each year, something that should help to lower the prices of EVs and increase the range. Range anxiety and higher prices compared to gas vehicles are two major obstacles that automakers face in trying to sell EVs and plug-in hybrids. Musk believes that Tesla will eventually sell 20,000 Model S sedans per year.

The Model S will begin deliveries in July. Tesla firmed up pricing on the new car last month, setting the base price at $57,400 before tax incentives. The Model S will come in various trim levels.

Last month, the very last example of Tesla's EV-pioneering Roadster rolled off assembly lines. The Roadster was an excellent showpiece that demonstrated what EVs can do, but Musk admits that it was "expensive and impractical for most people." Both the Model S and Model X will appeal to a much larger segment of auto buyers.



Stephy21 | 9:02AM (Mon, Jan 16, 2012)

Cant wait to see this car, hope it comes out soon.

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