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Tesla Model X Advance Orders Exceed $40 Million

Luxury electric crossover won't be ready until at least early 2014.

By Douglas Newcomb Feb 15, 2012 12:45PM

Seasoned auto-industry observers and pundits have questioned whether Tesla will ever be a successful carmaker and not just an Internet entrepreneur’s pipe dream. But people who want to purchase Tesla vehicles are voting with their dollars, doubters be damned.

 

After unveiling its new Model X last week in Los Angeles, the company says advance orders for the luxury all-electric crossover exceeded $40 million by the following day. This means that more than 500 people put down $5,000 to reserve the regular production version or $40,000 for the Signature package -- for a vehicle they won’t be able to drive until at least 2014, and without any advertising behind it.

 

The Tesla Model S sedan also received an advance-order bump from the Model X feeding frenzy: Reservations for the all-electric sedan were up 30 percent, according to the company. Citing the “massive media attention” focused on the Model X unveiling, Tesla says the vehicle’s name was the third-most-searched term on Google. And the company noted that on the night of the unveiling last Thursday, traffic to its website increased 2,800 percent, and that two-thirds of all visitors were new to the website.

 

The Model X will be built on the same platform as Model S, but with a longer wheelbase. Tesla must sense that a lot of its customers will be former Audi owners, since the company says that the Model X has approximately the same external dimensions as the Q7, but with 40 percent more interior room. Tesla also says the Model X Performance version will accelerate from zero to 60 mph in 4.4 seconds, making it faster than many sports cars, including the Porsche 911 Carrera.


Or maybe it’s the "falcon wing" doors of the Model X that has captivated Tesla fans and some of their cash.


[Source: Autoblog]

40Comments
Feb 23, 2012 5:19AM
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Can't edit my posts but a Mercedes S350 diesel is a 5,000 lbs car with 4 wheel drive and uses a 240hp & 455tq 3.0L diesel and gets a rate EPA mpg of 21 city 31 hwy.  Testing shows city is more like 24 mpg city.

 

A F-150 supercab 4x4 is the same 5,000 lbs curb weight as the S350 but instead of putting a 21/31 mpg diesel engine, the F-150 has a gasoline 3.5L ecoboost which gets 15 City / 21 hwy.

 

USA needs to wake up and smell the bacon

Feb 20, 2012 1:08PM
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trains use diesel electric for a reason no clue why the car market can't do the same.

 

They complain about costs but look at it this way.

 

Honda Accord  24 mpg

Chevy Impala 18 mpg

50 mpg (mild diesel hybrid) 200+ hp

75 mpg (pure diesel hybrid) 140 hp

 

15,000 miles a year

 

Chevy Impala = 833 gallons @ $3.20 =$2,666

Honda = 625 gallons @ $3.20 =$2,000

50mpg = 300 gallons @ $3.60 =$1,080

75mpg = 200 gallons @ $3.60 =$720

 

Feb 18, 2012 8:03PM
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People have way too much money, and way too few brain cells now-a-days
Feb 16, 2012 9:31AM
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@HANKS and all other half-brains: Can you people really just stop, YOU do not have to pay 7,500 each to cover the cost of the tax rebate on any of these cars, you maybe have to pay, oh, I don't know, 15 cents on your taxes, on just one tax year to cover the cost of ALL the Hybrid/Electric/Advanced Technology vehicles out there for the next FIVE years at the current rate of purchase...

if say a good 100 million people who worked had 5 cent taken out in one year on their returns, then that would return 5 million dollars, and I don't know about you, but 5 cent... who really notices 5 cents these days?
Feb 16, 2012 8:42AM
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I think the development of alternative fuel vehicles is a good thing. For one thing it gives us some leverage over the oil industry, who is buying our government and trying to run our country. Disagree? Then what have the Koch brothers done?

 

I would buy an electric vehicle in the future for short commutes, going to the store, etc. However, I would also hold onto my beloved gas vehicles too. I grew up during the muscle car era and by the early 70s I had my drivers license. That was when big V8 cars were cheap. I still have a couple of the muscle cars and I intend to keep at least one in the garage until I die!! However, that doesn't mean I wouldn't accept new technology like this Tesla car or a Chrysler variation of it. Hydrogen or natural gas--sure I would go for a vehicle powered by those fuel sources too.

 

Remember--Buy American made when possible and be an economic patriot. Support people in union jobs, because no matter what you do for a living, unions will be the ones to help you get your next raise or improve your benefits. Quit voting for politicians and their parties who want to destroy unions and the middle class. Those politicians are not working for the middle class. They work for people like Mitt Romney, Donald Trump and the Koch brothers. Be smart with your vote next November and not vindictive! Put it to work for middle class Americans. Turn off Fox--it's bad news for America!

Feb 16, 2012 8:23AM
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If this is a great car it will do well. The tax payers don`t need to give them anything. I personaly do not have 40 to 50 thousand to put on a car.  And do not need to give someone else 7,500 to put on one eather.
Feb 16, 2012 8:15AM
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   Hey guess what? Tesla is an American automaker who make their cars and technology in America. That right there should be a reason not to be hating on them.
    New technology is always expensive at the beginning because of the large amount of R&D that goes into it. Remember how expensive laptops used to be? Now a days virtually anyone can afford a laptop at a cheap price. How bout flat screen TVs, or smart phones? 
   Over time electric car technology will do the same. It is going to be expensive for the people who buy first, but if they make a product that meets peoples expectations, and that people want, they will succeed and deliver less expensive cars to a wider range of people.
   I know they received government start up money, but hey at least they are hiring American workers for all aspects of their business. From electric engineers to assembly line production workers. Also, they have just announced that they will be selling their battery and drivetrain technology to Mercedes-Benz and Chrysler in addition to Toyota. Tesla will be like Intel chips, they will be the heart in any electric type of vehicle. Don't forget that the government SUBSIDIZES OIL too.  
   Lastly, they are a automobile manufacturing company doing something different. When Toyota first came out with Hybrid technology American car companies didn't even care until they started losing to the Prius. So why wait for someone else to do it first? American car companies should be at the lead in every technology if possible. The future of cars will be a mix of fuel driven vehicles: Gas, Diesel, Electric, Hybrid, CNG, Hydrogen, ect. Oil will be around for a long time, but not forever.    
 Buy American made, not just American brands.


Feb 16, 2012 8:09AM
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Isn't that great, $40 million in advance orders!  So why are we giving out $7500 in tax credits for each buyer of one of these again?  Why does Obama want to increase that amount to $10000?  As if anyone who has $5k / $40k to put down on a car that they won't actually receive for 2 years needs some money from the government to decide to purchase one.
Feb 16, 2012 7:27AM
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A great thing needs to start someplace. This is better than the Corbin Sparrow from 20 years ago that ( Pete ) is pushing TESLA  has a real car.  Way to go guys, keep it up...
Feb 16, 2012 6:58AM
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Maybe a cd with sound piped outside the car of a straight pipe Harley will make it safer.  After all, loud pipes save lives.  And cause deafness.  Bone heads.
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