A Little Math, A Little Guessing And Things Look Quite Promising
After looking at the international market for Tesla's vehicles and buyers' passion for the brand, two auto industry analysts estimate the total, global market for the company's vehicles could currently sit at around 19 million.
Even As Sales Slump In China, He Revises Forecasts Upward
Falling gas prices, production delays and weakened demand in a key market would send shudders through the CEOs of most automakers. None of those problems could dent the enthusiasm Tesla Motors CEO and co-founder Elon Musk has for a vision of an electric-car future.
A report in Autobild claims that Mercedes-Benz is throwing more then $2 billion at an electric car family of vehicles with a program called "Ecoluxe." It would challenge the Tesla Model S and Model X with four offerings, the top of the range being a pair of seven-seaters that could have as much as 610 horsepower.
Anyone out there curious what towing a two-ton boat will do to an electric vehicle's single-charge range? Going through the mud? Well, someone will be able to find out by next year. That's because the Tesla Model X all-electric SUV will indeed be the first all-electric vehicle have towing capacity.
Since learning that deliveries of the Model X from Tesla Motors would now be delayed until sometime next summer, speculation has focused on the rear doors of the electric SUV as the likely source of the problem. We think this is a pretty good assumption considering that CEO Elon Musk said as much himself.
CEO Elon Musk Names Falcon Wing Doors As One Potential Issue
Besides the third-quarter sales figures for the Model S this year, the big news from the Tesla investor earnings call yesterday was another delay of the Model X electric SUV. CEO Elon Musk made it clear in his letter to investors that he did not want to "bring a product to market that does not delight customers," and he expounded on this in the call yesterday afternoon.
Tesla CEO Elon Musk made one thing clear today as he announced his company's third-quarter sales figures: the company has more than enough demand for its luxury electric vehicles and its main problem is getting production ramped up. In fact, Tesla expects Model S orders and deliveries to increase by 50 percent next year. Buried in the good news, though, was word that the upcoming SUV version, the Model X, is going to be delayed. Again.
Tesla will soon put its all-electric Model X crossover on sale, and if it's anywhere near as successful as the brand's four-door sedan the Model S, then it'll be a hell of an attention getter for mainstream automakers. Land Rover isn't waiting for proof of the Model X's success, though.
Those falcon wing doors appear appropriate for the Tesla Model X, as pre-orders for the battery-electric SUV are flying. That's what Gas2.0 is saying, citing various sources. So despite Model X deliveries not happening until the spring of 2015, folks are lining up.
It's still about a year away, but the arrival of the Tesla Model X is already expected to have a major impact on the premium SUV market. According to Morgan Stanley, the all-electric Model X, Tesla's third model following the Roadster and Model S sedan, is "ready to feast" on the current crop of high-end SUVs.
When running a business, having to throttle the hype for a new product isn't such a terrible problem to have. That's exactly was Tesla is doing with its Model X SUV, which is slated to go on sale next year. During a quarterly earnings call (transcript available here), Tesla CEO Elon Musk explained that Tesla is currently steering customers away from the upcoming electric ute.