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April 20, 2016 08:24 pm GMT

Ford paid $200,000 for a Tesla Model X — $55,000 more than the normal price

Tesla

Ford Motor Co. paid $199,950 — $55,000 more than the sticker price — to buy one of the first sport utility vehicles made by Tesla Motors Inc. so it could test and examine the electric SUV.

Ford bought the 64th Model X — a white Founders Series version — in March 2016. Spied recently in the Detroit area with Michigan manufacturers’ plates, it originally belonged to a California coin dealer who bought it as part of Tesla’s customer-referral promotion.

Automakers often buy cars made by competitors for road testing and for “tear-downs” to reveal components and materials and how they’re put together. But it’s unusual to pay such a high price — almost $212,000 after Michigan sales tax and title — for such an early model. Read more...

More about Tesla Model X, Electric Cars, Electric, Cars, and Telsa

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/YdLAzCDQxdo/

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