In its proxy statement filed in 2012, Tesla said it completed the so-called alpha prototype of the Model S sedan in December 2010, or less than 20 months before the first delivery of the car in June of 2012. The alpha model was described as an “engineering prototype” and it was approved by the board one month after it was completed.
The company then finished its “beta” prototype—described as a validation prototype—in October 2011, about nine months before the sales launch. Tesla has delivered 57,000 vehicles world-wide, and aims to sell 55,000 in 2015.
http://www.wsj.com/articles/tesla-ceo-elon-musk-gets-small-bump-in-pay-1429743232
Mod Note: Adding in the following quote from the article so that the thread title makes sense:
The company then finished its “beta” prototype—described as a validation prototype—in October 2011, about nine months before the sales launch. Tesla has delivered 57,000 vehicles world-wide, and aims to sell 55,000 in 2015.
http://www.wsj.com/articles/tesla-ceo-elon-musk-gets-small-bump-in-pay-1429743232
Mod Note: Adding in the following quote from the article so that the thread title makes sense:
Auto maker hasn’t completed an alpha engineering prototype of its less expensive Model 3 electric car
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