Tesla Motors [NSDQ:TSLA] let out a few pieces of information during its shareholder conference earlier this week, and CEO Elon Musk also shared that the company’s upcoming Model X SUV is on track to be out in “three or four” months. The high-riding electric car has been delayed a few times due to changes added along the way and other teething issues, and many were doubtful it would see a fall 2015 release as most recently promised by Tesla.
Despite the delays, Musk is confident the Model X will be as well received as the Model S, if not more so.
“I think the Model X may arguably be a better SUV than the Model S is as a sedan,” Musk said during the meeting. “So that I think is really exciting.”
He also stated that he is closely following the software builds and testing of each as they come out, and that the issues that previously caused delays, one of them believed to be the car’s ‘Falcon’ doors, have now been resolved.
“And as with the software, I am looking at the latest iteration of the Model X every week,” he explained. “And it really is—it’s turning out to be a really great car.”
The Model X SUV is slated to come in at around $70,000, which puts it a little higher than the original $60,000 estimate for the vehicle. However, potential buyers are still waiting and ready to take delivery. While rear- and all-wheel-drive versions of the Model X were expected at first, Tesla has since confirmed that the crossover will be all-wheel drive only—a result of customer feedback.
Written by Bozi Tatarevic.