Not too long ago, Tesla Motors announced that production of its long-awaited Model X electric SUV would kick off at the end of the year before 2015 deliveries. However, in a statement about the Californian-based automakers quarterly earnings, it has been confirmed that the Model X has been pushed back to late next year.
Tesla chief executive Elon Musk as well as the firm’s CFO Deepak Ahuja said that the delay can be contributed to more stringent testing procedures set to be employed by the company. In the statement they said, “We recently decided to build in significantly more validation testing time to achieve the best Model X possible.”
While the delay will inevitably help ensure the Model X is as good as it can be when it reaches the market, there are currently over 20,000 Model X customers who have pre-ordered the car.
As a matter of fact, Tesla itself said, “This also is a legitimate criticism of Tesla. We prefer to forgo revenue, rather than bring a product to market that does not delight customers. Doing so negatively affects the short term, but positively affects the long term.”
Thats 100million USD downpayment cashed in… You can work with that kind of money… Nicely done Elon…