Bbg: X-Shore's $99,000 Electric Boat

Bloomberg CEO: X-Shore CEO Says Its $99,000 E-Boat Could Herald a ‘Tesla Moment’

By Rafaela Lindeberg
September 1, 2022 at 2:30 PM EDT

:pushpin: Says boatmaker can ‘move very quickly’ to IPO when appropriate

:pushpin: Cost of new model is roughly one-third of other X Shore model…

X Shore AB is planning to sell a new electric boat at a similar price to traditional vessels, a move that could significantly broaden sales beyond the wealthy, the startup’s chief executive said.

The X Shore 1 starts at $99,000 before tax, a fraction of the price of other electric boats, including X Shore’s Eelex 8000, which starts at $329,000, Stockholm-based CEO and founder Jenny Keisu said in an interview.