Official documents filed by Tesla Motors and handed to the U.S. Securities and Exchange Commission indicate that the Tesla Roadster will stop being produced in December 2011, making room for a prototype of the Model X crossover.
The automaker will continue to sell the remaining inventory of Roadsters in the first half of 2012. So far, it has delivered about 1,650 units to customers in more than 31 countries.
The filing also revealed more details about the Model X, which will ''incorporate the functionality of a minivan with the consumer appeal of a sport utility vehicle".
Tesla plans to offer another 5.3 million shares to the public to help fund development.
The new crossover, much like the future Tesla Model S, will use Roadster-sourced electric powertrain components.
What to expect from Tesla in the coming years:
Source : Inside Line
The automaker will continue to sell the remaining inventory of Roadsters in the first half of 2012. So far, it has delivered about 1,650 units to customers in more than 31 countries.
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| Tesla Roadster (Photo: Matt St-Pierre/Auto123.com) |
The filing also revealed more details about the Model X, which will ''incorporate the functionality of a minivan with the consumer appeal of a sport utility vehicle".
Tesla plans to offer another 5.3 million shares to the public to help fund development.
The new crossover, much like the future Tesla Model S, will use Roadster-sourced electric powertrain components.
What to expect from Tesla in the coming years:
- 2011: End of Roadster production and unveiling of Model X prototype;
- 2012: Market launch of Model S sedan;
- 2014: Market launch of Model X crossover (plans for 20,000 units a year).
Source : Inside Line