Tesla takes $40M in model X orders in one day
Tesla started taking orders for the sporty Model X after unveiling the vehicle earlier this month.
Tesla Motors Inc. said last week that it took $40 million in advance orders for its new Model X in the first 24 hours after it unveiled the racy sport utility vehicle.
The Palo Alto company hasn't set a price yet nor said what its driving range will be between recharging, but interest in the "falcon-winged" Model X appears strong. It said, however, that it took deposits on 500 of the SUVs, which works out to an average price of $80,000.
Tesla said the vehicle will be "priced competitively with other premium SUVs" and will begin production at its Fremont plant late next year for delivery beginning in early 2014. It projects sales of between 10,000 and 15,000 of the Model X per year.
The Model X Performance version will go from 0 to 60 miles per hour in 4.4 seconds, making it faster than the Porsche 911 Carrera, Tesla has boasted.
Interest in the Model X also apparently helped the company's Model S sedan, as well. Tesla said reservations for that car were up 30 percent immediately after the SUV was unveiled.
The Model S will be the first car Tesla produces at the former New United Motor Manufacturing Inc. plant in Fremont this summer.
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