Tesla (TSLA) Opens Model X Ordering in China

Tesla Motors (Nasdaq: TSLA) has opened-up orders and the design studio for the Model X SUV in China.

Electrek.co noted that Tesla plans to commence Model X orders in China during the second quarter, which mean the market could become more of a priority than Europe.

The Model X will price at around 961,000 yuan (about $146,000) for the 90D and 1,479,500 yuan (about $225,000) for the Signature Model X P90D. Tesla said it keeps pricing the same in all markets, but does account for taxes, import duties, and transportation costs.

While a firm figure isn't available, market chatter has about 2,600 Model X reservation holders in China and over 700 in Hong Kong.

Shares of Tesla are down over 3 percent Tuesday.

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