By Alex Fitzpatrick
September 29, 2015

Tesla delivered its first Model X SUV Tuesday night at an event at its Fremont, Calif., headquarters.

The Model X is Tesla’s first SUV, coming on the heels of the Tesla Model S sports sedan. The new SUV could generate interest among new customers interested in all-electric vehicles but who want something larger than the Model S. As Fortune’s Katie Fehrenbacher writes, Tesla is leaning on the Model X to bring in new revenue while it builds its next vehicle, a cheaper Model S alternative called the Model 3:

Write to Alex Fitzpatrick at alex.fitzpatrick@time.com.

SPONSORED FINANCIAL CONTENT

Read More From TIME

EDIT POST