Ford has bought one of the first Tesla Model X crossovers for $55,000 more than the original sticker price.

Ford has reportedly paid $199,950 to purchase one of the first Tesla Model X crossovers.

According to Bloomberg, the Blue Oval paid $55,000 over the model's original sticker price to get early access to one of the hottest crossovers on the market.  In a statement, the company told the publication "It is a common industry practice among many automakers to buy production vehicles for testing as soon as they are released" and noted sometimes this results in paying more than the sticker price to acquire highly sought after vehicles as quickly as possible.

The Model X was originally purchased by Californian coin dealer Wayne Skiles who simply wanted to flip it for a profit.  As he explained to Bloomberg, "The car never came to California. I flew to Chicago, took physical delivery of the Model X, and immediately drove it to a dealer in Chicago and sold it.”

The model purchased by Skiles and now owned by Ford is a white Model X P90D Founders Series that had a sticker price of $144,950.  The crossover was the 64th Model X to be produced and comes with the Ludicrous Speed Upgrade which enables the electric vehicle to rocket from 0-60 miles per hour in just 3.2 seconds.

Ford is already testing the model and it appears that several executives, including Lincoln chief designer David Woodhouse, have already taken the car for a spin.

Source: Bloomberg