WIll the Model X really double Tesla's sales?
Elon Musk Says Electric SUV Will Dramatically Increase Tesla's Annual Sales
Never one to shy away from bold statements, Musk recently predicted that the Model X would double Tesla's annual sales, Bloomberg News said, citing remarks Musk made to reporters at the annual Allen & Co. media conference in Sun Valley, ID, earlier this week. Tesla first showed off the falcon-wing-door Model X in February 2012 and, at the time, was planning for a 2013 release. Those doors were apparently one of a number of factors that have delayed deliveries. Door seals and the second row of seats have also been reported to have caused some hiccups to the production process for the Model X, which will use the same electric powertrain as the Model S electric sedan.
Last month, Musk said that the Model X will likely see the light of day this fall, but didn't offer any specific numbers for Tesla's sales prospects. To understand what it would mean to double sales, we need to look at the current Model S sales. The company delivered about 21,500 Model S electric vehicles during the first six months of the year, so doubling sales would put Tesla's annual vehicle delivery total at about 80,000 units starting in 2016. And that's why we chose Mitsubishi as a comparison. The Japanese automaker sold about 78,000 vehicles in the US last year.
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