Tesla’s second-hope-and-money-guest deal with China second-hat price-hanger is secured

A Tesla electric carmaker is offering to guarantee second-year second-half car sales for China’s second most valuable carmaker.

Tesla said it would also be willing to “pay a small fee” to third-party car dealers in the country to buy back the vehicles.

The deal would be made at a price of about $300,000, according to the automaker’s Chinese online portal.

The carmaker’s China-based subsidiary has a stake in the automaking division of China’s state-owned Guangdong province.

Tesla has about 1,000 vehicles in China.

China’s state media has described the deal as “firsts” and “great” but did not provide details about the price of the guarantee.