Tesla Model X CAPTIONS ON | OFF

Hold onto your Amex Centurion cards, Tesla freaks. Tesla Motors confirms it will push back production of its upcoming Model X until the end of 2014. The news went out a little earlier than Tesla had planned, when the Los Angeles Times leaked Tesla’s 10-K form.

In a statement released by Tesla, the high-end electric vehicle company decided to hold back on the Model X to focus on its wildly popular Model S. Click through to read the official statement.

“Tesla has been intensely focused on Model S, its production and product enhancements and believe there is increased volume potential for Model S. As a result, Tesla has decided to slightly push back the development and timing of Model X to 2014. We do not expect a material impact on our profitability in 2013 or 2014.”

The third model in the successful Tesla lineup, the Model X is the heftier crossover with the face of its sportier sister, the Model S. The Model X was first unveiled at Tesla Studios in February 2012, causing hundreds of Tesla devotees for fork over $5,000 deposits.

The Model X features seating for seven, falcon-winged rear doors, a front and rear trunk, and two touchscreens on the steering wheel. The all-wheel drive version of the Model X also has two motors powering the front and rear.

The wait for this innovative, all-electric crossover will be a little longer, probably 2015 at the earliest. Hopefully, the wait will be worth it.

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By Jessica Matsumoto