Analysts see Tesla unveiling an all-wheel-drive luxury sedan
Move expected to better position firm in markets with cold weather
New York
TESLA Motors will probably unveil an all-wheel-drive variant of the Model S luxury sedan on Oct 9, said analysts including Brian Johnson at Barclays and Ivan Drury at Edmunds.com.
The move would better position the electric-car maker in cold-weather markets such as New York and Boston where many consumers demand all-wheel drive for use on snowy, wet roads. It would also better align Tesla against top luxury brands including Bayerische Motoren Werke AG's BMW, Daimler AG's Mercedes-Benz and Toyota Motor's Lexus.
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