For years now, many speculations have suggested that the Tesla Model X will be coming for a release back in 2013. We are approaching 2015 and there is still no sign of the Model X coming.
That is until yesterday when Tesla teased that the Model X has been delayed and will look to arrive in the second-half of next year. This has resulted in investors pulling out of the company, thus creating a loss of $74.7 million in Q3 alone.
The loss has triggered many lingering sharks to anticipate the opportunity and invest on the company. Wall Street then reported a 5% rise in shares during after-hours trading in Wednesday.
In total, Tesla shares have risen 54% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $230.97, a rise of 31% in the last 12 months.
