TSLA, BABA: Tesla Model S Now Available for Sale Through Alibaba

Advertisement

Tesla Motors (TSLA) has started selling its Model S in China through Alibaba (BABA).

tsla-tesla-alibabaThe Tesla Model S cars being sold in China through Alibaba are pre-configured models. This means that customers wont’ be able to customize them before they buy them. There are currently 18 Model S vehicles available in China through Alibaba, reports Bloomberg.

Customers in China looking to buy a Tesla Model S through Alibaba will have to put down an $8,200 deposit. The electric cars are listed on Tmall.com, which also has sites for other car manufacturers to sell their vehicles in China, Bloomberg notes.

Tesla recently brought an autopilot feature to its updated Model S. It’s unknown if the cars being sold through Alibaba will include this feature or if they’re older versions of the electric car.

TSLA shares were up 1% as of Monday afternoon.

More From InvestorPlace

Article printed from InvestorPlace Media, https://investorplace.com/2014/10/tsla-tesla-alibaba/.

©2024 InvestorPlace Media, LLC