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Tesla says Model 3 orders hit 325000 in first week

Tesla announced on Thursday that it has received more than 325,000 pre-orders for its Model 3 unveiled one week ago

Tesla Motors Inc. said it has received more than 325,000 reservations for the Model 3, far exceeding its expectations as customers line up to pre-order the $35,000 electric car more than a year ahead of when the more-affordable model is slated to hit the streets.

Tesla calls the Model 3 “our most affordable car yet", and earlier today, Musk tweeted that only 5 per cent of Model 3 customers reserved two cars (the maximum allowed). He suggested this equaled "low levels of speculation," which are buyers who want to flip the car for a profit.

Tesla Says It Received More Than 325000 Model 3 Reservations, Tesla has received 325000 preorders for the Model 3
Photo Credit: © Tesla
The Model 3 marks Tesla’s first foray into the mainstream market. Its current vehicles — the $70,000-plus Model S luxury sedan and $80,000-$144,000 Model X SUV — were both delayed by the company.
SOURCE TESLA MOTORS




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