Tesla Billionaire CEO Ellon Musk Touts Model X SUV Launch, Price $132,000

Elon Musk billionnaire entrepreneur and Tesla CEO has launched the Model X SUV, the car that some say offers the most advanced technology.  Tesla's Model X was released in San Francisco with lots of fans, owners of Tesla and reporters to mark the milestone event for Tesla.

However, Musk was quick to say that the Model X SUV's touted technology caused significant delays in launching the automobile. Elon, who was excited about the architecture of the Model X, also said that the car is beyond its time and Tesla may not have built it for the current market. 

"I'm not sure anyone should have made this car," said Tesla's billionnaire Elon Musk at a press conference, said Business Insider. After he made comments on the SUV, several of them were given to VIP customers.

The automobile tycoon highlighted the SUV's automatic doors along with "falcon wing" back doors,  filtration system, a bioweapon defense mode. Tesla also tauts the crossover's fantastic performace. 

"The Model X allows us to double our addressable market," Ellon was quoted as saying by  told Business Insider. "The S and X serve as the revenue foundation for the Model 3."

In a related incident, Elon presumably unveiled TSLA's next car after the Model 3. The Twitteratti, however, did not know what to make of it. He was responding on twitter to a question about the Tesla Model 3. By accident, Tesla's billionnaire Elon Musk talked about the Model Y, the company's next model in the pipeline, The Street.com said.

Despite the hoopla surrounding the Model X, the only model to have falcon-wing doors, are coming under fire from Wall Street analysts saying the price tag on the car is too high. The initial sales price on the Model X is an outlandish $132,000 and a Morgan Stanley analyst has cut his stock price down to $450 saying the sales numbers will be lower for the automaker and Tesla's billionnaire CEO Elon Musk.