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Model X discussed in Q4 2014 Shareholder Letter (latest timing)

Discussion in 'Model X: Ordering, Production, Delivery' started by NigelM, Feb 11, 2015.

  1. NigelM

    NigelM Recovering Member

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    http://files.shareholder.com/downloads/Q4'14 Shareholder Letter

     
  2. Zaxxon

    Zaxxon Member

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    I misread that thread title as saying the latest timing suggested Q4 deliveries.

    Glad to see a confirmation of actual deliveries in 6 months, as folks here were debating whether 'launch in Q3' signified a launch event or actual deliveries. This confirms the Hello Kitty X should be delivered to Bonnie in August.
     
  3. ohmman

    ohmman Maximum Plaid Member

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    As did I.
     
  4. Trnsl8r

    Trnsl8r Blue 85kwh since 12/8/12

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    "in six months" = August

    Color me impressed... assuming no more delays.
     
  5. Zaxxon

    Zaxxon Member

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    One would hope that with a couplefew dozen betas being 'extensively tested' as of when this letter was drafted, Tesla is confident in the timeline they are giving. Actual Model X cars are being tested, and the actual powertrain is already in customer (P85D) cars. Granted, delays are always possible. But I would read this estimate as a much firmer target than what we've had in the past, as the product tangibly exists.
     
  6. timf

    timf Member

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    The letter was very reassuring and Tesla sounds confident in their schedule. Everything fits perfectly with the timeline I wrote out in the reveal event thread.
     
  7. CHGolferJim

    CHGolferJim Member

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    "Shipping" also means available for Fremont pick-up!
     
  8. gjunky

    gjunky Waiting for the Model ☰

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    from earnings call: "We are not going to show it until it is ready to be delivered"
     
  9. flankspeed8

    flankspeed8 Member

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    Do you think he meant until it is ready to be ordered?
     
  10. NigelM

    NigelM Recovering Member

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    Yes.
     
  11. Zaxxon

    Zaxxon Member

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    That is, in fact, the only reasonable interpretation.
     
  12. TEG

    TEG TMC Moderator

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    Place your order and prepare to be surprised!

    mystery-box1.png
     
  13. ChadS

    ChadS Petroleum is for sissies

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    Argh. So if they are shipping in August, they might want people to start picking options about, say, May?

    Dang, that will be too late. If the X design suits a particular need - well, a more of a desire my wife has (no, this is not related to the "breaking in" thread) then we'll want an X. But if it doesn't, we won't - and I could get a ~$10k discount by ordering another S before the sales tax waiver in my state expires on July 1. But it looks like they won't reveal the X until it's too late for me to make that decision. Dang.

    Oh well, talk about a first-world problem...which Tesla will I buy next. (Once when my wife complained about something her students were doing, they teased her back and asked if she had a hard time picking which Tesla to drive to work that day).
     
  14. FOCUSEV

    FOCUSEV Member

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    So he has confirmed the X will use the same drive train as the P85D. My guess is the tow rating on it will be low maybe 3,000 pounds rather than class leading like was originally promised. I realize it will have plenty of power, but class leading to me means comparable to the Porsche Cayenne at 7,700 pounds. Unless the axles, hubs, cv's and gear drive are so overbuilt in the S that it is not a problem.
     
  15. n88

    n88 Member

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    Other tidbits from the earnings call I haven't seen posted yet...

    1. Huge capital expenditures currently being made for production expansion and tooling for MX.
    2. Promised investors positive cash flow maybe in Q3 but certainly in Q4 even after taking capital expenses into account, per MX contribution to cash flow.
    3. After initial ramp up of MX production this summer, goal is to produce 800 MX's per week in Q4, barring unforeseen setbacks.
    4. The engineering for the row 2 highly sculpted seats was actually more challenging than the falcon doors! (could this mean that the row 2 seats are powered to go for and aft and also 90 degrees out so with the falcon doors, you sit down and it turns 90 degrees?)
     
  16. Theshadows

    Theshadows Active Member

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    It could be that they are overbuilt. If the car has tow/sport/insane. The tow mode could be reduced power to allow for the extra stresses on the drivetrain.

    Think about how strongly it has to be built now to hurl a car that heavy down the road in just over 3 seconds and not leave drive pieces lying behind.
     
  17. GreenPenguin

    GreenPenguin Member

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    If they start in August, how many do you think they can deliver per month? 1K/month?

    So maybe 5K Model X by the end of the year? Is it correct the first 1K are sigs?
     
  18. Cosmacelf

    Cosmacelf Active Member

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    Hmmm. I wonder if they will have a sensor in the tow hitch to prevent people from stomping on the accelerator in the Model X in insane mode leaving pieces of the trailer lying on the road...
     
  19. ptsagcy

    ptsagcy Member

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    Based upon the projection of first deliveries in August and a smooth ramp up to 800/week, I would project 7-8,000 by year end.
     
  20. NigelM

    NigelM Recovering Member

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    Just as my state considers introducing a tax waiver as of July 1st! I've never been (potentially) happier about Model X delays! :-D
     

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