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This was a big week for Tesla Motors Inc. (Nasdaq: TSLA).
On Sept. 29, retail deliveries of Tesla's Model X reached the early adopters who reserved the full-size crossover utility vehicle in February 2012.
Tesla originally projected deliveries of the Model X to happen in 2014, but mechanical problems pushed back the delivery date.
The Tesla Model X is impressive, but with low oil prices seemingly reducing the demand for an electric car and a price tag that can exceed $130,000, who exactly is in the market for one? Will this pay off for Tesla – and Tesla stock?
Money Morning Technical Trading Specialist D.R. Barton appeared on global news provider CCTV America to offer his insights on the Tesla Model X and the future of Tesla's electric car line.
Barton believes Tesla only has one challenge moving forward. Find out what that challenge is in the following video:
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