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(Marcio Jose Sanchez/Associated Press)The Model X is the third vehicle Tesla has made, after the since discontinued roadster, and the Model S sedan. Tesla sold 50,000 vehicles in a year for the first time in 2015, and plans to expand quickly.So far, all of Tesla’s vehicles have been priced in the high five figures to compete with luxury rivals such as Mercedes and BMW.But key to the company’s expansion will be its next model, called the Model 3, set to be released within the next 12 months. The cost of owning a Model 3 will start at around $35,000 US.

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