Tesla (TSLA) Plans Model S Promotion Through Alibaba's Tmall

Tesla (Nasdaq: TSLA) will sell its Model S sedan on Alibaba's (NYSE: BABA) online shopping platform, Tmall, during a promotion next month.

According to a Sina blog post made by Tesla, shoppers will be able to use their Yu’E Bao money market fund.

Shares of Tesla are positive in early trading Monday.

You May Also Be Interested In

• Czech Republic grants provisional approval for Tesla's FSD system
• Uber (UBER) Reiterated at Market Outperform by Citizens After AV Day in San Francisco
• Grok releases Voice Transcribe 2.0 with improved accuracy