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Tesla to Sell Model S Sedan in China From $121,000

Tesla Motors Inc. will sell its battery-powered Model S sedan in China from 734,000 yuan ($121,280), as billionaire founder Elon Musk prepares to test demand for electric vehicles in the world’s largest auto market.

The price for the imported Model S in China, equipped with a premium 85 kilowatt hour battery pack, puts the car in the same bracket there as Volkswagen AG’s Audi S5 sedan and Bayerische Motoren Werke AG’s 5-series GT sedan, according to Autohome, a car-pricing website. It’s also 50 percent more expensive than in the U.S., where the equivalent model sells for $81,070, according to Tesla’s statement.