Can Tesla Motors Inc Model X Bring Positive Cash Flow?

It will also facilitate indoor testing for Tesla’s autonomous driving Autopilot systems before the vehicles are dispatched to their new owners.

Tesla is all geared up for the launch of its Model X on September 29 which will be held at an event planned in the company’s Fremont plant site in California.

The factory is expected to build about 450 vehicles a week for the European market, doubling the current capacity. These models include the 90-kWh battery with the electric motors providing 503 horsepower to all four wheels, giving the Model X a zero-to-60 time of 3.8 seconds. Now, the latest Model X booking numbers have revealed a significant uptick.

According to industry observer EVObsession, the US EPA website has already listed the Tesla Model X’s specs details, particularly its fuel economy numbers, range, and dimension space.

Get the Flash Player to see this player. The feature was shown in photos from the Model X configurator for Signature reservation holders.

Bidness Etc believes that next week’s Model X launch will be a successful event, which might also bump up the stock price close of $280.

And its also worth noting that while its clear Tesla plans for its second-row seats to be special, the specific features that actually make them special are still unclear – so the seats are probably one of these “other things” as well. Tesla entered 2015 with over 20,000 reservations for Model X. After the X is unveiled, will customers keep their refundable reservations? But the company will roll only limited units of the crossover, with a major ramp up delayed to next year.