Tesla to start China sales this month

|About: Tesla Motors (TSLA)|By:, SA News Editor

Tesla Motors (TSLA) intends to begin selling its electric cars in China this month, with spokesman Simon Sproule saying that CEO Elon Musk will "personally" do customer deliveries.

Sproule added that Tesla is preparing right-hand drive versions of the Model S for countries such as the U.K. and Hong Kong.

Musk reckons that China can be Tesla's largest market, although Barclays analyst Brian Johnson retains some skepticism. "While we expect strong initial interest from early adopters in China...we see challenges to broader luxury market adoption," Johnson wrote this week. In the U.S., demand for the Model S may have "plateaued," he wrote.