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Signature Red Model X Is Tesla’s Way of Celebrating the Chinese New Year

Tesla China had its ups and downs since the Palo Alto-based manufacturer opened its first showroom in the Middle Kingdom in 2013. With the arrival of the Model X all-electric SUV, Tesla Motors aims to make the Chinese bourgeoisie fall in love with the products offered by the electric vehicle manufacturer, one Model X at a time.
Tesla Model X 1 photo
The arrival of the Model X in China coincides with the Chinese New Year. Red is the color that symbolizes celebration in the country, so you shouldn’t be surprised to find out that the first Model X batch for China is a limited edition known as the Signature Red. Based on the top-of-the-line P90D, the Tesla Model X Signature Red costs 1.48 million yuan. That equals $225,000 at the current exchange rates.

Aside from the Signature Red paint, the limited edition Model X is equipped with every goodie available. For those customers who can’t afford or don’t need the excessive Signature Red Model X, the 90D and the P90D should do just fine. For the entry-level 90D, the sticker price is 1,171,800 yuan (the equivalent of approximately $178,155).

Tesla announces that it’s pushing to deliver the first units of the Model X in China at the beginning of the second quarter. What that means is that the Chinese will receive their Model X electric SUVs a couple of months before European customers.

That’s bold, but then again, China started to appreciate electric vehicles as of late. Take NEVS and its $12 billion deal as a case in point. For that mountain of money, NEVS will provide 150,000 EVs to Panda New Energy, a Chinese leasing company.

The Model S got off to a rocky start in China, but the company managed to establish the brand in the Middle Kingdom. With the arrival of the Model X utility vehicle and the soon-to-be-presented Model 3 sedan, we bet that the electric vehicle manufacturer will rise to new heights in the world’s most dynamic new car market.

press release

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