Tesla’s Model X To Be Available By The End Of September

Tesla Motors Inc unveiled on Wednesday the first Model X sport utility vehicle, which is thought to be available on September 29th. Chief Executive Officer Elon Musk stated how clients who reserved the luxury sports model will be able to customize their models, with prices ranging from $132,000 and $144,000.

Tesla Model X

Many have been eagerly awaiting the model since Tesla announced the concept in early 2012.  The premium-priced Signature series will be the first of the new Model X cars, with deliveries to begin this month, a Tesla spokeswoman said.

It is thought that Tesla will follow what is customary for automakers, and release a debut higher-priced versions of their cars before introducing more-standard models.

Tesla has been spending heavily ahead of the launch of the Model X, its first battery-powered SUV to follow the Model S sedan to market, even as it prepares to roll out in 2017 a cheaper, mass-market vehicle starting at $35,000, the Model 3.