Tesla, Inc. (NASDAQ: TSLA) on Monday announced to launch Tesla in the United Arab Emirates (UAE) and plan to open more stores and superchargers next year. The electric car company said it will begin accepting online orders for its Model S and Model X and expected the first order to be delivered in Dubai this summer. Before this official launch, customers in the UAE only can get imported Tesla.
The prices will start at 275,000 dirhams ($74,900) for the Model S and 344,000 dirhams ($93,600 USD) for the Model X. "We expect to invest tens of millions of dollars in the UAE for charging, service and support infrastructures," Tesla Chief executive Elon Musk said at the World Government Summit in Dubai. "By next year, you’ll be able to travel anywhere in the GCC with an electric vehicle."
The company also launched a popup store in Dubai Mall and is building a service center in the City. It also had two supercharger stations in the city and plan to open five more by the end of the year.
Tesla shares rose as much as 4 percent to 280 in the early trading in New York. The stock had rose 30 percent this year.