But the Roadster alone, which is now out of production, doesn't make much of a business model. For a company that raised $210 million next year and has already developed the very attractive Model S luxury sedan, it has bigger aspirations.
Tesla is ramping up operations in Fremont, California, at the former GM/Toyota NUMMI plant, and it plans to make up to 20,000 Model S sedans there annually.
And now, the Model X, a sporty luxury crossover that has been in the pipeline for some time, is entering the limelight. Tesla has kept details under tight wraps. So far, we know that it's quick; that it's a seven-seater, and that the packaging flexibility of EV components allows an almost van-like interior.