The video footage comes days after a software update was announced.

By Benjamin Snyder
March 24, 2015

Drivers in Palo Alto, California got a sneak preview of what looks like electric car company Tesla’s newest vehicle.

The vehicle in the footage above appears to be the Model X, Tesla’s upcoming electric SUV.

CEO Elon Musk has previously said the Model X would be available by early next year. It isn’t clear how much the Model X will cost, but reserving one currently requires a deposit of $5,000.

The Model X video comes days after Musk gave a preview of self-driving car features in an upcoming software update for the Model S, Tesla’s electric sedan.

Tesla reported fourth-quarter growth that failed to meet Wall Street’s expectations, despite being strong overall. While revenue grew 55% to $956.7 million, analysts expected revenue of $1.23 billion.

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