It has been recently revealed that Tesla Motors Inc. has unveiled their third Tesla model, which is a complete sport utility vehicle known as Model X. The car will go for sale by the end of 2013, said the Chairman and Chief Executive, Elon Musk.
Tesla Chief Executive Elon Musk has reportedly said that the car manufacturer would bring a higher performance version of the Tesla Model S electric-powered sedan, which is expected to be launched next year.
The Tesla Model S sedan will be capable of sprinting from zero to 60 mile per hour in just 5.6 seconds.
Hawthorne-based rocket manufacturer SpaceX has confirmed that it had hit a contract with Thaicom Plc. to launch a television broadcasting satellite.
SpaceX, the brainchild of Tesla Motors CEO and PayPal co-founder Elon Musk, will launch the Thaicom 6 satellite aboard a Falcon 9 from Cape Canaveral, Fla., sometime in the second quarter of 2013.