The gray market for the Model X is reportedly popular and some are willing to pay a premium. The Model X P90D costs 1.15 million yuan or $170,000 USD in China, yet Forbes talked to a gray market dealer selling them for as much as 1.58 million yuan or $240,000 USD – a 40% premium.
The dealer said that he already sold several units, adding that all his red units are sold out and that he only has a few white ones left.
Read more: Electrek.co