Tesla Model 3 Preorders Climb to 325K
Tesla has confirmed that there are now 325,000 people who have placed a $1,000 deposit on a Model 3.
On the first day Tesla began accepting deposits, the Model 3 managed to rack up 180,000 preorders, while on the second and third day after it was unveiled the car got another 96,000 preorders. From the fourth to seventh day, Model 3 has garnered another 49,000 preorders.
An early version of the Model 3 was unveiled by Tesla on March 31, giving buyers a good idea of what the car will look like both inside and out. Beyond looks, Tesla says that the base price for the car will be $35,000, while the all-electric driving range will be over 215 miles.
SEE ALSO: 5 Reasons You Shouldn’t Hold Your Breath on the Tesla Model 3
Tesla CEO Elon Musk confirmed the news in a tweet, saying “over 325k cars or ~$14B in preorders in first week. Only 5% ordered max of two, suggesting low levels of speculation.” That $14 billion is the theoretical amount of money Tesla will make if every single preorder becomes a sale.
Those who put down a deposit are free to get their money back at any time, or put it towards the purchase of Model S or Model X. Tesla says that production for the Model 3 is expected to begin in late 2017.
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Stephen covers all of the day-to-day events of the industry as the News Editor at AutoGuide, along with being the AG truck expert. His truck knowledge comes from working long days on the woodlot with pickups and driving straight trucks professionally. When not at his desk, Steve can be found playing his bass or riding his snowmobile or Sea-Doo. Find Stephen on <A title="@Selmer07 on Twitter" href="http://www.twitter.com/selmer07">Twitter</A> and <A title="Stephen on Google+" href="http://plus.google.com/117833131531784822251?rel=author">Google+</A>
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