Last Year Tesla introduced the Model X crossover electric vehicle at its LosAngeles design center. production in late 2013. But it been revised according, to Tesla's shareholder annual report to late 2014.The report says that Tesla reached its steady state rate of production for 20,000 Model S sedans per year last December. The Model S is built at Tesla's Fremont manufacturing plant. The company took out $465 million loan under the program of 2010, and was due to complete payment by 2022.The company has arranged a new schedule with the Department of Energy which will have the loan repaid by 2017.
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