Customers around the world have been waiting for the Tesla Model X for quite some time. Tesla made the announcement during the quarterly shareholder letter.
The Model X was first introduced in 2012 and customers have been waiting for the SUV to ship for two years by now.
Initially, Tesla started the pre-order process in 2013, allowing customers to make a down payment of $5,000 in order to secure a car. However, in 2014, the company announced that the Model X will not ship until early 2015, which, as it happens, was true.
Now, in a quarterly shareholder letter, Tesla has confirmed that the new SUV will reach the customers by September 30 or before the end of Q3. In the next few weeks, the customers can expect to see the interior, performance and the color of the vehicle on the website of the company.
For three years, though, customers were able to enjoy the Tesla Model S sedan. The Model X SUV is basically taller version of the sedan, with an added all-wheel drive system. The X has better suspension and coupled with the all-drive system, should make the vehicle the popular choice for drivers who go through rough roads and travel in inclement conditions. Another bonus of the Model X is the seven-seat system that makes the SUV, a popular choice for families.
CEO of the company, Elon Musk, has elaborated why the company has delayed the production and the release of the Model X. According to Musk, the vehicle is one of the most challenging in the world. The actual building of the car has many obstacles that the designers and developers had to overcome. A single mistake in supplies could have a ripple effect in the whole process.
And even though Musk guarantees a release before September 30, he is the first to admit that if the company hits a stumbling block, it will choose to delay the production again. In his words, in the dilemma whether to choose a great quality product and hitting the projected quarterly numbers, Tesla will always opt for quality.
Regarding pricing of the Model X, customers can expect a price similar to the Model S. At the moment, the sedan is priced at $50,000 for the basic version. Currently, more than 20,000 people in the world have placed an order and put a deposit for the Model X.