First Tesla Model S In China Sells For Over $400,000

With a starting price of around $70,000 (not including the $7,500 Federal tax credit), the Tesla Model S is the kind of car most of us can only ever dream of owning. Over in China though, it’s about as obtainable as unicorn dung. The first Tesla Model S recently arrived in China at great cost, the new owner laying out an estimated $410,000 to get his hands on the electric sedan.

Read more

Tesla Motors Looks To China With Cautious Optimism

With over 1.3 billion people and much of the world’s manufacturing and economic power, China holds incredible buying power and a nigh-insatiable lust for luxury goods. For high-end car makers like Tesla Motors though, selling products in China is both a risky and worthwhile endeavor, and it seems like Elon’s electric automaker already has pent-up demand in the Peoples’ Republic.

Read more

Coda: Electric Sedan is On-track for 2011 Launch

Coda management says there will be no more delays – deliveries of its eagerly anticipated “budget” electric cars from China

Read more