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Tesla already has over 300 orders from Hong Kong before releasing price

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According to a Bloomberg report, Tesla is getting a lot of interest in Hong Kong. Over 300 people have already put down deposits for the vehicles without knowing the local price

Ho is among the 300-plus Hong Kong residents who have made refundable deposits of HK$39,000 to HK$330,000 ($5,000-$42,500) to reserve a Model S, even before the company has said how much the cars will cost. That’s more orders than Tesla has seen in the U.K., Japan or Australia, sales manager Kenneth Lui said.

The Hong Kong success may bode well for the Palo Alto, California-based company in mainland China, where it plans to open a Beijing showroom this year.

Hong Kong is a relatively small place which is perfect for electric vehicles and the highly affluent upper class of Hong Kong won’t blink at whatever price Tesla throws out.

China, on the other hand might be a harder nut to crack. There are only 168 EV charging stations nationwide and subsidies have waned in recent years. Then there’s the price.

Tesla’s Hong Kong info page can be found here.

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Avatar for Seth Weintraub Seth Weintraub

Publisher and Editorial Director of the 9to5/Electrek sites. Tesla Model 3, X and Chevy Bolt owner…5 ebikes and counting