Tesla Model X Crossover to Debut by the End of the Year

Tesla is currently working on its third model after the roadster and upcoming Model S sedan. Tesla is currently planning to unveil a prototype of the Model X crossover by the end of the year according to a filing with the U.S. Securities and Exchange Commission.

The filing stated that Tesla is “designing the Model X to incorporate the functionality of a minivan with the consumer appeal of a sports-utility vehicle.” It noted that the electric powertrain developed for the Tesla Roadster “has provided the foundational technology for the Model S, the Model X and for electric powertrain components that (Tesla) has begun selling to Daimler and its affiliates that (Tesla) intends to sell to Toyota.”

Late last year, Tesla CEO Elon Musk confirmed plans to introduce a battery-powered crossover in 2014, two years after the launch of the Model S sedan.

The filing also stated that production of the Tesla Roadster will end in December 2011.

Full Story: Inside Line