Tesla announces that the Model X will be launched on September, 29, in Fremont, California
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Tesla Motors

Ludicrous Speed upgrade
Musk announces “Ludicrous Speed,” a $10,000 upgrade for the P85D Model S. The upgrade improves 0-60 time by 10 percent, to 2.8 seconds, with a quarter-mile sprint dropping to 10.9 seconds. The top speed increases to 155 miles per hour, 20 percent faster than on a standard P85D. The Model X will also have Ludicrous Speed as an option, but because that vehicle is 10 percent heavier than the S it will be slower.
Veteran employment push
Tesla announces its plans to become one of America’s leading employers of military veterans. Tesla’s workforce is increasing rapidly as it expands production of its Model S, prepares its launch of the Model X crossover SUV and enters new overseas markets. The company now has more than 6,000 employees, and of those, 300 — or roughly 5 percent — are veterans, including its logistics director, former Navy officer Adam Plumpton. An additional 600 veteran candidates are in the hiring pipeline. The Company says:
We want to be known throughout the veteran community as a great place to work.Veterans are a great source of talent for Tesla, and we’re going after it.
4 – 5 more years as CEO
At the annual Tesla general shareholders meeting Musk announces that he plans to stay on as CEO for four or five years, or at least through volume production of Gen 3, the mass market, $35,000-a-year car.
No one is a CEO forever. Eventually they carry you out.
What's this? This is an unbiased just-the-facts news timeline ('newsline') about Tesla Motors, created by Newslines' contributors. Help us grow it by finding and summarising news. Learn more