Tesla has revealed fans will have to wait a little while longer before they can get their hands on the highly-anticipated Model X.

Tesla has revealed fans will have to wait a little while longer before they can get their hands on the highly-anticipated Model X.

In a letter to shareholders, Tesla CEO Elon Musk said the company has "just completed the final studio release of the vehicle" and they expect production prototypes will be ready in the fourth quarter of 2014.

This means the production model won't be launched until next year and production will be limited at first.  However, Tesla expects production will be ramped up in spring of 2015.

Despite the delays, Tesla knows they have a lot riding on the crossover.  As the company explained "Tesla’s future success depends on its ability to design and achieve market acceptance of Model S and other new vehicle models, specifically Model X."

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