Elon Musk says Tesla Model S Plaid may launch in China in March



The media is next to the Model S.

The Model S Plaid may be launched in China early next spring, according to Musk.

The electric sedan will probably come to China in March, Musk said late on Sunday night.

CNBC asked for more information from the company, but they did not respond immediately.

China is the largest electric car market in the world. It is home to several other electric vehicle makers.

The Model S Plaid cost $129,990 when it was launched in June.

The car can travel up to 520 miles and can reach speeds of up to 200 miles per hour.

When the car was launched, Musk said it would be safer than Volvo.
The new Model S Plaid caught fire in the US while the driver was at the wheel.

In New York, the shares of the company were up 2.5% to $1,165.