Tesla Model X production starts in earnest, pricing revealed

It had unique Falcon Wing Doors, a huge sweeping windshield that went over and past the driver’s head, sat seven adults, and was powered entirely by electricity. Next comes the 90D that will be reaching showrooms towards middle of 2016 while the cheaper 70D is in the lowest rung with deliveries slated not before end-2016.

Getting even the budget Model X can add up quickly.

People who liked Tesla’s new creation but didn’t have that kind of cash at hand did not panic, because Tesla was always going to release a more affordable version just for them.

According to Hybrid Cars, Tesla’s projected deliveries were 3,500 cars globally last month which takes estimated tally to 36,680 vehicles for the first 10 months of 2015. On Monday afternoon, the company revealed the pricing for all of its models beyond the Signature version. General deliveries of that model will begin in early 2016, followed by 90D deliveries in mid-2016 and 70D deliveries later in the year. The Signature Series starts at about $132,000, but can top out at about $145,000 with the addition of all options. The latter will cost $80,000 (plus $1,200 for shipping) and as the name implies it will have a 70 kWh battery pack with enough juice to provide a driving range up to 220 miles (354 km). Photo Credit: Chris Boylan.

The Model X will be the second electric vehicle that will be coming off the innovative auto maker’s production lines. Those reservation holders can now go online to pick out the options for their cars.

Ask any TSLA stock bear their biggest beef against the company and they will bring up the same point again and again: limited range will hold back electric vehicles from more widespread adoption. As Musk tweeted at the time of the Model X’s unveiling, the 70D starts at $80,000, which is $5,000 more than the base Model S sedan.

Tesla has been referring to its Model X as the fastest and safest SUV ever made.

The most important decision for buyers to make involves the SUV’s battery pack.

For the Model X, the options list is similar to that of the Model S. However, a premium cabin upgrade is 50% costlier at $4,500.