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Tesla Model X electric SUV crossover vehicle
It was also the third most searched term on Google

Just last week, Tesla Motors revealed the all-electric Model X crossover, which is the follow-up to its Model S. It has been less than a week since the EV's introduction, and it has already achieved star status with car lovers everywhere.

According to The Detroit News, Tesla received $40 million in pre-sales of the all-electric Model X just one day after unveiling the car. It was also the third most searched term on Google.

"On Thursday evening, the night of the reveal, traffic to increased 2,800 percent," said Tesla. "Two-thirds of all visitors were new to the website."

The all-electric Model X was introduced for the first time on February 9. The new EV features dual motor all wheel drive, the choice between a 60 or 85 kWh battery, and falcon doors. The Model X can sprint from 0 to 60 in about 4.4 seconds, and offers a rear-mounted 300 HP motor and an optional 150 HP front-mounted motor. The driving range is between 214 and 267 miles.

Price hasn't been announced for the Model X yet, but Tesla said it will be competitively priced with other premium SUVs.

While the Model X has been receiving plenty of attention, it's not the only one. The Model S, which is Tesla's full-sized battery electric sedan that is expected to be delivered in mid 2012, had a 30 percent boost in reservations last week after the Model X was revealed.

Tesla initially entered the electric vehicle arena with the Roadster, which is a $100,000 two-seater that launched in 2008. The Model S is Tesla's second electric vehicle, which features a 40 kWh lithium-ion battery pack (or 85 kWh battery pack in the top-end model), 160-mile range (300 miles on the top-end model), and a $57,400 to $87,400 price tag.

Model X production will begin at the end of 2013, with market launch scheduled for 2014. It is expected to qualify for the $7,500 tax credit, and Tesla hopes to produce 10,000 to 15,000 units annually.

Sources: SlashGear, The Detroit News

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RE: interesting
By NellyFromMA on 2/15/2012 1:42:55 PM , Rating: 1
Yes, punish the people who are doing moderately well.... Those who can afford a 40K car may have saved up big on their down payment. The super rich do not buy 40K cars really.

So, you're hating on middle to upper middle class?

No offense, but sounds more like hating than a well thought out comment.

RE: interesting
By callmeroy on 2/15/2012 2:22:23 PM , Rating: 2
Anyone who has $40k cash just lying around to drop on a reservation payment for a car is not middle class. Not by a long shot.

I think the point is valid the $7500 tax credit shouldn't be valid on "luxury" cars (and don't get stupid with a comment like I didn't know a SUV was a luxury darn well know to the average joe anything about $35k is considered an expensive vehicle and that's the low-end for many luxury type cars ...I'm thinking BMWs, Lexus, Inifinit, etc.)...

RE: interesting
By tayb on 2/15/2012 2:22:03 PM , Rating: 2
The car is "luxurious" but it's oversimplifying to call this a "luxury car incentive." It's an incentive to buy a technology that is overpriced that people might not normally pay. It's no different than funding most types of research but people get angry because it's "helping the rich buy cool cars." I'm hoping the richfund this technology and drive the price down. Two years ago this car was $100k. The base cost is already down to $57k.

RE: interesting
By Keeir on 2/15/2012 2:26:23 PM , Rating: 2
Two years ago this car was $100k. The base cost is already down to $57k.

So wrong.

Two years ago, Tesla produced the Roadster for more than 110k. The Roadster had a 220 mile range, and sub 4 second 0-60 time.

Today, Tesla makes the Model S. With a 160 miles range and sub 6 second 0-60 time with a projected cost of 57,499 without delievery charge MSRP. Its not actually possible to order the car yet, so its probably going to be more like 60,000 base. The "Roadster" like 220 mile variat is more like 70,000. But its not for order yet either. The only model S that is really available for order is the 89,000 300 mile variant.

Don't distort things. Tesla is really only succeeded in slightly lowering the price

RE: interesting
By Keeir on 2/15/2012 2:22:27 PM , Rating: 2
The super rich do not buy 40K cars really

Teslas are not 40k cars though. Most Tesla's are 75,000+ and its unlikely the Model X will be significantly less than 80,000.

"If you look at the last five years, if you look at what major innovations have occurred in computing technology, every single one of them came from AMD. Not a single innovation came from Intel." -- AMD CEO Hector Ruiz in 2007

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