Tesla (TSLA) Snubs Potential High-Demand Market
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Tesla Motors (Nasdaq: TSLA) is said to have no shortage of demand and nowhere might that be more true than Russia.
Bloomberg reported Monday night that demand from the upper-crust Russian crowd for a Model S is so high, that many are willing to pay a handsome premium to get one.
Tesla doesn't currently have a sales network in Russia.
But, what kind of premium are customers willing to pay? One example given of the cost behind obtaining a $75,000 Model S was a buyer willing to pay both $12,000 to fly it to Moscow and another $50,000 to clear customs...effectively doubling the price of the car.
It's said that around 100,000 Russians following Elon Musk's unofficial social media page on vk.com, which can be accessed here.
One Model S owner said demand in the country is such that Tesla could easily sell 2,000 Model S units and 2,000 Model X units if the company just paid attention to the market.
Tesla has said that it wouldn't comment on timing to enter the Russian market, only that Russia wasn't a "priority" at this point.
Shares of Tesla are indicated lower early Tuesday.
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