Model X is fastest selling Tesla, already up to $40 million in reservations


Taking a page out of fellow Silicon Valley-based company, Apple, Palo Alto-based automaker Tesla unveiled its highly anticipated Model X last Thursday at its design studio in Southern California. And, as they say, the jury is in, and the numbers don’t lie.

Well sort of. If pre-order sales are anything to go off of, it looks like Tesla Motors has a real winner with the Model X. According to Tesla Motors, the Model X is the fastest selling Tesla ever with advanced sales north of $40 million, which – depending on your point of view — is equally impressive and meaningless, considering Tesla only offers two other models: the Tesla Roadster, and the sleek Model S.

While some of the sales spikes for the Model X are from customers switching over from the Model S, Tesla also pointed out that sales generated from reservations for its Model S shot up 30 percent following the event.

Considering that the Model X won’t begin serious production until the end of next year, the enthusiasm surrounding the car is certainly palpable. Much of the surrounding excitement lies on the car’s features and technology. The Model X features unique Falcon Wing doors (an endless source of debate around the DT office — some love it, others not so much) and is built on the same platform as the Model S, but with a longer wheelbase.

Tesla has also been touting that the Model X will feature approximately the same external dimensions at an Audi Q7, but will offer 40 percent more room.

Most of us don’t associate crossover vehicles, like the Model X, with performance and speed, but Tesla is claiming that its newest model will offer a generous helping of style, functionality, and performance. In fact, according to Tesla, the performance version of the Model X will be able to accelerate from 0 to 60 miles per hour in 4.4 seconds, effectively making it faster than a Porsche 911 Carrera.

While no definitive pricing has been released, Model X is expected to range between $60,000 and $100,000. Customers who recently placed reservations on the Model X were asked to provide a refundable $5,000 deposit for the base model, or a $40,000 deposit for the Signature series.