Tesla Model X popular on gray market in China – going for a 40% premium ($240k US)

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Tesla already started deliveries for the Model X in China back in June, and prior to the market introduction of the all-electric SUV, the vehicle was already proven to be popular in the country with reportedly over 3,000 reservations in mainland China.

Now we learn that some customers are not willing to wait and prefer to buy the vehicle directly on the ‘gray market’, even though it comes with serious setbacks and a decent premium. more…

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