Advertisement

Analyst Calls Tesla Model X Electric Crossover “Fast, Roomy”

 
Follow Nikki

Tesla Model X

Tesla Model X

Enlarge Photo

Tesla [NASDAQ:TSLA] may have just confirmed the date of its unofficial unveiling of the 2013 Model X crossover SUV, but it appears some lucky stock analysts at Barclays Capital research have already their own private preview of the much-anticipated car. 

In a recent stock analysis posted online at Barclays investor website, we learn that Tesla was giving analysts a sneak peek at the all-electric, seven-seat SUV before anyone else. 

They even got a ride.

Unfortunately, Barclays’ own analysis of the 2013 Tesla Model X lies behind a member-only firewall, but the copy of the report we’ve seen sings the praises of the Model X.  

Faster Than Porsche 911, More Room Than Audi Q7

“At the first of two events scheduled over the next few months, Tesla provided a preview (including test rides) of its newest vehicle based on the Model S platform, the Model S SUV,” details the report.  “Initial spec (i.e 0-60mph faster than a Porsche 911, 40% more room than an Audi Q7, all-wheel drive, etc.) and design (falcon door, aerodynamic body, etc) were impressive/”

While the Barclays report doesn’t say which Porsche 911 the Tesla Model X is faster than, we think this translates to a sub 0-60 time of 5 seconds or less -- extremely impressive for a large SUV. 

We also have to admit that we’ve never heard of a Falcon door, although we suspect it refers to the same automated door handle found on the 2012 Model S, which sits flush with the door panel to reduce aerodynamic drag until needed. 

Coming Late 2013

Interestingly, the Barclays report cites the Model X as being ready for introduction in late 2012, with availability ready by the end of 2013, meaning it will launch as the 2014 Tesla Model X.  

This ties in nicely with what we’ve been told in the past, although we’d be surprised if Tesla manages to be one of the few automotive companies not to delay the launch of an electric car in recent years. 

2012 Tesla Model S beta vehicle, Fremont, CA, October 2011

2012 Tesla Model S beta vehicle, Fremont, CA, October 2011

Enlarge Photo

Business First 

Tesla’s decision to let business analysts see the car well ahead of its official February 9 unveiling is no doubt designed to help provide hype for both the car and the company. 

Timing rides to occur just before the holiday break also ensured that Tesla would be featured in business publications from the start of the year, giving it a prominent kick-start to 2012.

Coverage from analysts and business publications also helps Tesla reach the very target audience it hopes to serve with its 2012 Model S and 2014 Model X: customers with enough money to easily afford the luxury price tag that both vehicles command. 

+++++++++++

Follow GreenCarReports on Facebook and Twitter.



Advertisement
 
Follow Us

 

Have an opinion?

  • Posting indicates you have read this site's Privacy Policy and Terms of Use
  • Notify me when there are more comments
Comments (5)
  1. "Coverage from analysts and business publications also helps Tesla reach the very target audience it hopes to serve with its 2012 Model S and 2014 Model X: customers with enough money to easily afford the luxury price tag that both vehicles command."

    Keep in mind it's a tiny little company that needs billions to develop three models immediately and at least one more that's planned for introduction shortly after. Why are they having bankers investment analysts see the cars first? To put them in front of targeted buyers or in front of...bankers and investors?
     
    Post Reply
    Vote
    Bad stuff?

     
  2. Musk has a record (model S and SpaceX) of doing for a hundred million or two what it takes bloated extant outfits billions to achieve.

    Bet against him at your peril.
     
    Post Reply
    +2
    Bad stuff?

     
  3. Brian, I can't agree with you more. So far, so good. I expect the Model X to become the Crossover that everyone wants. If you want to see What to Expect from the Model X, take a look at this link:
    http://teslarumors.com/News-2012-01-13-009.html
    If you are interested in seeing compelling financial data that reveals that the savings that the Tesla Model S offers vs almost every other car, go to: http://teslarumors.com or http://teslanomics.com
     
    Post Reply
    Vote
    Bad stuff?

  4. Don't forget PayPal (where he made his first million or so)
     
    Post Reply
    Vote
    Bad stuff?

  5. Tesla continues its smooth running development of the Model S chassis with this preview of its Crossover variant, which helped reduce development costs to a reported 1/3rd that of its base Model S. I'm certain the car will have the same drive train options of the Model S, whose performance version claims 60 runs in 4.5 seconds. I'm eagerly awaiting the next variant - the new von Holzhausen designed roadster. He styled the Pontiac Solstice and I believe helped do the Saturn Sky. Can't wait to see it.
     
    Post Reply
    +1
    Bad stuff?

 

Have an opinion? Join the conversation!

Advertisement

Find Green Cars

Go!
Advertisement

Advertisement

 
© 2014 Green Car Reports. All Rights Reserved. Green Car Reports is published by High Gear Media. Send us feedback. Stock photography by Homestar, LLC.