Tesla has announced plans to stop the production of their Roadster model by the end of 2011. The details were secured from a filing of motor maker with the US Securities and Exchange Commission.
This strategy has taken the motor world by surprise as Tesla’s Model S won’t be hitting market until mid-2012 s was earlier revealed. Tesla seems confident about surviving the tough competition with their remaining stock of Roadsters through out their year-and-a-half long manufacturing process.
The other details availed from the filing reveal the company’s idea to introduce a Model X concept later this year. Though not many details are known about the concept, we guess this crossover will incorporate the functionality of a minivan with the consumer appeal of a sports-utility vehicle.
The Model X concept is expected to launch the production model in 2014.