Tesla Motors, under the direction of innovator Elon Musk, has announced the imminent launch of its Model S and X in China. On Friday, pricing for these vehicles will be disclosed, with deliveries anticipated during the first half of 2021.
Since the automaker decided to halt production in January 2021 for a much needed revamp of their cars, shipments of both the Model S and Model X have yet to reach Chinese shores – according to Electrek.
In a statement, the company said-
“The two performance monsters will officially announce the price on January 6. The deliveries start in the first half of 2023.”
By the close of 2020, over thirty thousand Model S and Model X cars had been sold in China.
The report further stated-
“The Chinese market was once an important one for Model S and Model X before Tesla cut off the supply from its Fremont factory in California.”
In October of 2022, it was evident that the return of Tesla’s Model S and X to China were highly likely as Chinese government documents revealed they would be eligible for tax benefits.
With the Chinese government providing incentives for EVs, Tesla is expected to get a boost in sales. Investors are eagerly watching how the American carmaker will perform in its second largest market.
Tesla Motors is known for its high-end, luxury cars and the company’s flourishing sales in China will surely continue to climb in the coming years. With the launch of Model S and X, Tesla Motors is ushering in a new era of electric motoring.
Shivendra Tiwari is an Engineer and an MBA in Marketing. He is the Content head at Marketing91 and a thorough Online Marketing enthusiast. Shivendra loves to follow different brands and study their Business and Marketing tactics.
