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Tesla CEO: Model X unveil coming in December

Tesla Motors will unveil its sport utility electric vehicle sometime in December after finishing up development of an alpha model of the car, chief executive Elon Musk said in the company’s quarterly earnings call today.

Tesla Motors might seek additional funding for third electric car

Tesla Motors, the company behind the Roadster electric vehicle, might look for additional funding from equity sales to help pay for development of its third electric car — the sport utility vehicle styled Model X — according to the company’s CEO Elon Musk.