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Tesla Delays Launch of Model X Until Q3 2015
An anonymous reader writes "Tesla on Wednesday announced that it was pushing back the release of its highly anticipated Model X until the third quarter of 2015. Explaining the delay, Tesla relayed the following in its quarterly shareholder letter: "Work continues on the finalization of Model X with the testing of Alpha prototypes and initial builds of the first Beta prototypes. Model X powertrain development is almost complete with the early introduction of Dual Motor drive on Model S. We recently decided to build in significantly more validation testing time to achieve the best Model X possible. This will also allow for a more rapid production ramp compared to Model S in 2012." During Tesla's subsequent earnings conference call, Tesla CEO Elon Musk shed a bit more light on all things Model X, including the fact that if you order one today, it won't arrive until early 2016.
Forbes goes into more on the business end of what's caused delays for the company, as well as how investors should see it (critically, they say).
It kind of is, they are almost as much of a tech company as a car company, what they do has a big impact.
If there is anything that is "news for geeks", Tesla automobiles would be it. Exotic energy storage systems based upon laptop computers, mobile network platforms that have built-in web browsers and awesome sound systems, and pretty damn nice looking equipment as well that can get you from point A to point B in some awesome style that can also get you laid (not that most geek know a thing about such stuff).
What makes that irrelevant to Slashdot? That you might have to wait a few more months before you can get a girlfriend?
that's barely on the big car companies' radars.
Aside from Toyota, Mercedes, & BMW who all previously/current owned shares or have direct partnerships with Tesla or GM where they were at least part of the impetus behind developing the Volt. Not to mention nearly ever car dealer in the USA who are all campaigning to have Tesla stores banned because they might destroy the car dealer business model entirely.
I live in a metropolitan area of a red state and I've never even seen a Tesla in person.
But you might hear your politicians talk about them. Now that Tesla is having success, a lot of repubilcans are falling over themselves to say they've supported them all along.