Tesla (TSLA) Launches Model X SUV

Tesla Motors (Nasdaq: TSLA) launched its Model X SUV on Tuesday during a special event at its Fremont, California, facility.

In total, five of the Model X units were delivered at the event, while about 1,000 more registered for a test drive of the vehicle.

Pricing on the base model wasn't made available, though Tesla CEO Elon Musk posted the following to his Twitter account earlier Wednesday:

Btw, price of Model X is actually only $5k more than S. Lower cost versions coming later.

— Elon Musk (@elonmusk) September 30, 2015

The event video can be seen here.

The following is a list of specifications for the Model X:

• Falcon Wing rear doors with built in sensors for opening in garages of any height
• Automatically deploying rear spoiler
• Maps and navigation with real time traffic updates
• Daytime running lights
• Power-folding and heated side mirrors
• Front trunk with room for luggage, strollers or two golf bags
• Full size rear cargo storage for bikes and gear
• Free long distance travel on Tesla's expanding Supercharger network
• 8 year, infinite mile battery and drive unit warranty
• Automatic keyless entry
• GPS enabled Homelink
• Parking sensors, blind spot and side collision warnings
• Automatic emergency braking
• Seating for six or seven adults depending on interior configuration
• Four LATCH child seat attachments, two in each passenger row

Below is a launch video from Tesla's official Twitter feed:

Meet Model X. Watch it live here http://t.co/Iag2iwIi0l #ModelX https://t.co/TkVQL5PP67

— Tesla Motors (@TeslaMotors) September 30, 2015

Mashable also has a first look video of the Model X:

You May Also Be Interested In

• Tesla (TSLA) PT Lowered to $120 at HSBC on 'concerns about the timing and scale of prospects'
• Wedbush trims Tesla PT to $275 but maintains Buy rating after Musk's comments
• After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more