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Tesla Motors Inc Model X Wins Its First Award

Tesla Motors Inc (TSLA) Model X

Tesla Motors Inc Model X has received the title of ‘the new king of crossover SUVs’ from CNN Money. CNN did a round-up of its favorite luxury SUVs of 2015, and has given the electric car the top position in that list.

Tesla Motors Inc Model X
Model X parked outside Tesla Motors’ Fremont plant.

King of crossover SUVs – the Model X

Tesla Motors Inc Model X earned high praise for several of its outstanding features such as powertrain, excellent acceleration and handling, cool design and technology features (not to forget the innovative Falcon Wing Doors to which the firm paid so much attention).

“The Tesla Model X is basically a Tesla Model S sedan lifted up and with a bigger body. But as far as SUVs go, that’s more than enough to make it a groundbreaker,” CNN Money said.

It also said that the car despite being electric has some versions that can go zero to 60 in just 3.2 seconds. “That’s an impressive feat even for a low-slung sports car, not to mention a vehicle with three rows of adult-sized seats,” CNN Money said. CNN didn’t do a detailed review of the car for their segments, and it seems that the firm may have named the Model X “SUV of the year” without actually getting its hands on it.

The plug-in hybrid Porsche Cayenne S E-Hybrid and Volvo XC90 were also praised highly. It is really good to see three plug-in’s among six cars in total. Lincoln MKX, Mercedes-AMG GLA45, Land Rover Discovery Sport were the others.

Tesla ramping Model X production

Though Model X appears to be a great car, the only problem is getting your hands on it. If you order it now Tesla Motors’ site says the car will be delivered in the latter half of 2016. In the first three months of production, very few Model X found their owners, but there is a hope that it could improve soon.

Recently, Clean Technica stated that before the current year ends several hundred Model Xs will reach their owners, and very soon the Fremont production line will making as many as 1,000 SUVs per week. The report cited a source from inside Tesla Motors Inc  , presumably an employee with a close eye on the shops movements and data.

Citing the source, the report said that in the third week of December, every other car that was getting its final bolts was a Model X. Going forward, the factory will get production up to 800 models a week, and would aim at 1,000 units per week or 2,000 including the Model S, the report said.

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Aman is MBA (Finance) with an experience on both marketing and Finance side. He has work as a Risk Analyst for AIR Worldwide, and is currently leading VeRa FinServ, a Financial Research firm. Favorite pastimes include watching science fiction movies, playing PC games and cricket.

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