According to the LA Times, the California-based EV maker hopes to repay its $465 Energy Department loan in full by 2017 and ahead of a previously anticipated 2022.

Further, it is selling the Model S in significant numbers – last month HybridCars.com estimated it sold over 1,400 units which for a car costing double the plug-in chart-leading Chevy Volt, is a respectable number compared to the Volt’s 1,626 units sold in February.

Tesla is hoping to deliver 20,000 units this year which would mean it would need to sell 1,667 units on average every month times 12 months.

Its waiting list does keep growing for the S Model, and the waiting list for the X has been accumulating names and deposits as well.

Unfortunately patience is the watchword for those who’d hoped to take delivery of a new Tesla crossover any sooner than late 2014.

LATimes via AutoGuide

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The car on display was the handiwork of the Tesla Design Studio and is being called a preview of what to expect when this, Tesla’s next production vehicle, is launched.

Featuring white and black leather, the stylized design is echoed in the details of the dashboard.

The Model X on display carries forward the trademark “falcon wing” doors of the unique Model X. While the doors are funky, this being a crossover, it is ultimately meant for utility and has three rows of seats.

On the interior center display is the same large 17-in touch screen carried over from the Model S.

The vehicle looks extremely promising, and is a much closer indication of what customers can expect of the production model.

Tesla has been taking reservations for it for some time now, and it is due for launch near the end of this year.

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