SOURCE: Tesla Motors, Inc.

Tesla Motors, Inc.

February 10, 2012 08:35 ET

Video: Tesla Unveils Model X at Its Los Angeles Design Studio

Premium Electric All Wheel Drive Ends the Need to Compromise Utility for Performance

HAWTHORNE, CA--(Marketwire - Feb 10, 2012) - Tesla Motors (NASDAQ: TSLA)

Watch Tesla co-founder and CEO Elon Musk unveil Model X:

Tesla Motors (NASDAQ: TSLA) unveiled its latest one-of-a-kind vehicle last night: the highly anticipated Model X. Blending the best of an SUV with the benefits of a minivan, Model X features unique Falcon Wing rear doors and optional Dual Motor All-Wheel drive.

About Tesla

Tesla's goal is to accelerate the world's transition to electric mobility with a full range of increasingly affordable electric cars. Palo Alto, California based Tesla designs and manufactures EVs and EV power train components for partners such as Toyota and Daimler. Tesla has delivered more than 2,000 Roadsters to customers worldwide. Model S, the first premium sedan to be built from the ground up as an electric vehicle, begins deliveries in mid-2012.