Jefferies Sees Tesla Model-X Receiving Pent-Up Demand In Q4 Along With Potential Production Ramp

"We note that while delivering Model X in 3Q may be important for perception, a rapid production ramp-up to 2,000 cars/week for Models S/X by year-end and a strong demand for Model X (2-3x bigger than Model S pre-launch) are of far more importance for Tesla's future."