Tesla Delays Model X SUV Launch Until 2014: Report

Tesla has reportedly pushed back the launch of its Model X crossover until 2014, one year later than originally planned.

Speaking with the LA Times, Tesla's Shanna Hendricks cites increased demand for the existing Model S sedan as the reason for the delay.

With sales of 20,000 units expected for 2012, the Model S’ apparent impact on the Model X’s release has come late in the crossover’s development program, casting some doubt that this is the sole reason for the delay.

The electric carmaker claims to have received over US$40 million (AU$38.8 million) worth of advanced orders for the Model X, and these interested parties will now have to wait a further 12 months to take delivery.

Tesla’s recent filing with the US Government's Securities and Exchanges Commission states, “We revealed a prototype of Model X in February 2012 and plan to begin production in late 2014.”

The statement continues: “Any significant delay in the design, manufacture and launch of Model X could materially damage our brand, business, prospects, financial condition and operating.”