Is Tesla’s Model X the Most Desirable Car Never Driven?

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Tesla Model X

It’s well known that there’s a healthy waiting list for Tesla’s (NASDAQ:TSLA) Model S sedan, but there also seems to be one forming for its so far unreleased Model X, the crossover SUV slated to join the Model S as Tesla’s second vehicle sometime next year.

No, Tesla hasn’t released any official sales info yet — in fact, the vehicle isn’t even technically for sale, but rather up for reservation. According to Tesla Motors Club, a fan-built forum that tracks all sorts of news regarding the electric vehicle maker, more than 13,000 people have put down reservations for a Model X crossover, indicating initial robust demand even though it’s thought that the Model X won’t necessarily be any less expensive than the pricey $70,000 Model S.

It’s important to note that these are not official tallies but rather information gathered and totaled by Tesla Motors Club, and therefore should be interpreted as such. However, using the reservation numbers as a base, it seems to give a pretty good idea of how many units have been accounted for.

Of the 13,020 Model X cars reserved, the majority of the 9,907 of them are – not surprisingly — in the United States. Another 433 have been claimed in Canada, 1,916 in Europe (as a whole), and 764 in China. Only a fraction – 1,598 — are the more premium Signature model, while the rest are standard production Model X vehicles.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business