Why Tesla and Tesla Motors offer guaranteed second hand price-hint

Tesla Motors’ second hand car is coming to Hong Kong and is going for HK$1.3 million ($1.6 million) a piece, according to a report.

The electric-vehicle manufacturer announced on Wednesday that it is offering the car for HK $1.4 million ($2.2 million).

The offer was made via a Twitter account that was registered on Tuesday and has since been deleted, with the company confirming the car would go for HKD1.5 million ($3.6,000).

The price is the same as that for a second hand Toyota Prius Hybrid, which has a HK$7,200 ($8,000) price tag.

“We are excited to offer the HK$2,300 ($3,600) second hand Porsche Cayenne Turbo to our loyal customers, and to offer them an incredible car that they can drive for two years without breaking a sweat,” Elon Musk, Tesla’s CEO, said on the Twitter account.

“You will be amazed by the performance of the Porsche Cayennes Turbo in both city and track driving, and we will definitely be working hard to make sure that our customers get the best experience possible with our car.”

Tesla’s offer comes just days after the company announced its second-hand vehicle would go on sale in the United States.

The automaker said it would be offering a second-gen Model S P90D for US$25,000 ($32,000), which was previously the highest-selling Model S sedan in the US.

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