Tesla Model X Delayed Until "Late 2014" – Rumor Central
The Tesla Model X electric crossover won’t start production until late 2014, a major delay as the car was slated to go into production this year. Tesla had initially promised the Model X would debut in late 2013 with “volume” production beginning in earnest by 2014, but now it appears the Tesla factory won’t even start building the crossover until the end of next year.
The Tesla Model X is a three-row crossover with upward-opening “Falcon Wing” doors that is based on the company’s Model S all-electric sedan. It was originally slated to go on sale in limited numbers by the end of 2013, with production ramping up significantly by 2014. In fact, the automaker’s website still indicates that, “Deliveries begin 2014.”
Tesla appears to have quietly delayed the introduction of the Model X by about a year. The company’s latest SEC Filing, which also revealed Tesla will repay government loans early, confirmed the new production date. “We currently plan to start production of Model X in late 2014,” the filing reads. “We currently intend to target an annual production rate of approximately 10,000-15,000 cars per year.”
That means the car probably wouldn’t reach more than a handful of customers until early 2015. The company previously reported it would have total production capacity of 20,000 units in 2013.
Tesla warned in its filing that development of the Model X hasn’t been completed, signaling that production couldn’t start for some time. “The Model X design is not yet finalized and we may be unable to use the adaptable Model S platform to the extent we currently intend,” the filing reads.”We may experience… delays, cost overruns and adverse publicity… We are in the initial design and development stages of Model X. Furthermore, we have not yet evaluated, qualified or selected all of our suppliers for the planned production of Model X.”
A Tesla representative told us, “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, we are pushing back the development and timing of Model X to 2014. ”
By Jake Holmes