China could be a huge market equalizer for Tesla Motors, and Elon Musk’s fledging electric car company is making a big push in the People’s Republic. Not only will the Tesla Model S carry a comparatively-low price tag in China, but Musk is hopeful that sales will be so high that China will require a Tesla factory of its own.
A “Made in China” Model S would allow Tesla to avoid many of the hefty importation tariffs and taxes, and Musk thinks that demand in the pseudo-communist country could surpass the U.S., and soon. Musk says that China could be “ as big as the U.S. market, maybe bigger,” especially with the country considering strict emissions and car standards that will make pure electric vehicles more appealing.
Musk thinks that by next year, Tesla sales in China will match those in the U.S., and from there all bets are off. The Tesla Model S will cost just over $121,000 in China, and initial reports indicate a surge in interest in the new car. Tesla even won the rights to use its name, just in time for the first cars to go to their first owners. The next step? A country-spanning Supercharger network, and eventually, possibly, a factory on the Chinese mainland.
It would make Tesla vehicles even more affordable, and with an aggressive expansion across multiple continents planned, the little electric car maker shows no signs of slowing down.