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Thread: Model X Advanced Engineering on Plan - Tesla Q3 Update 2011

  1. #1
    R1211 & S282 NigelM's Avatar
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    Model X Advanced Engineering on Plan - Tesla Q3 Update 2011

    Shareholder Letter news on the Model X:

    We are excited about how the design and functionality of the Model X is beginning to mature. Our vision for the Model X is a vehicle
    that combines the functionality of a minivan with a design as cool as an SUV. We remain on plan for an exclusive showing later this year.
    Since we are leveraging the Model S architecture and powertrain for Model X, we continue to anticipate that Model X can be brought to
    production quickly for first customer deliveries in late 2013, with volumes ramping to 10,000—15,000 units per year beginning in 2014,
    and at prices comparable to Model S. Importantly, much of the equipment we are currently installing at the Tesla Factory for the Model S
    will also be used for the Model X.

  2. #2
    I'm still confused on this "exclusive showing"? Some investors? Press? Model S/Roadster owners?

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    Model S VIN P01536 Robert.Boston's Avatar
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    Quote Originally Posted by AnOutsider View Post
    I'm still confused on this "exclusive showing"? Some investors? Press? Model S/Roadster owners?
    How is this confusing ? Another reveal at the factory with press on Friday and S and Roadster owners invited over the weekend.

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    Head Moderator / Administrator doug's Avatar
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    Quote Originally Posted by Kevin Harney View Post
    How is this confusing ? Another reveal at the factory with press on Friday and S and Roadster owners invited over the weekend.
    You know what they say when you assume. Tesla hasn't given any real specifics yet.

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    Quote Originally Posted by doug View Post
    You know what they say when you assume. Tesla hasn't given any real specifics yet.
    Well it has to be "exclusive" yet it still has to be "public" in nature. so there are not a whole lot of option for that to happen ....

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    Model S Perf Sig 1232 Larry Chanin's Avatar
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    Quote Originally Posted by Kevin Harney View Post
    Well it has to be "exclusive" yet it still has to be "public" in nature. so there are not a whole lot of option for that to happen ....
    Hi Kevin,

    Well, the event can be exclusive and public without inviting Roadster owners and reservation holders.

    Larry

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    Quote Originally Posted by Larry Chanin View Post
    Hi Kevin,

    Well, the event can be exclusive and public without inviting Roadster owners and reservation holders.

    Larry
    True but why in the world would you not want to invite them. Makes them feel special and also makes the event look much more popular to the public. Why not capitalize on the GREAT success of the last one ? Just makes plain sense. But you are correct I am assuming they would repeat a sucessful event.

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    R1211 & S282 NigelM's Avatar
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    Quote Originally Posted by Kevin Harney View Post
    True but why in the world would you not want to invite them.
    I can think of several reasons, and someone else can probably think of more (or argue the opposite!). In no particular order:

    1. Cost. In monetary terms and in time and effort.
    2. This will be an unveiling of a Model X prototype. Not an Alpha or a Beta.
    3. No rides. No reservations. No real specs.
    4. Too soon after the last one.
    5. Keep the focus on Model S development.
    6. Financial markets don't like too much hype. Show some results and concrete development steps first.
    7. Model X deliveries in late 2013. Produce some Model S, get great applause, and then hold a Model X event in late 2012 or early 2013.

  10. #10
    Quote Originally Posted by Kevin Harney View Post
    Well it has to be "exclusive" yet it still has to be "public" in nature. so there are not a whole lot of option for that to happen ....
    The Model S beta reveal wasn't advertised as "exclusive". They're a public company so I can't see them doing what Fisker did what the Nina, so the "confusion" is me trying to figure out what they can do that wouldn't run afoul of the SEC.

    If press comes, then it's hardly exclusive, unless they just mean BEING at the event is exclusive, in which case the world will see it, the event is still "exclusive" and SEC (and us here) are happy.

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