Tesla Model 3 Reserverations Reach 400,000 Says Elon Musk

Posted: Apr 21 2016, 3:47am CDT | by , in News | Cars & Vehicles


Tesla Model 3 Reserverations Reach 400,000 Says Elon Musk
Tesla Model 3

Elon Musk gave another update on the number of Tesla Model 3 pre-orders.

Elon Musk said today in Oslo, Norway, that Tesla Motors received almost 400,000 reservations for the Model 3. In the first week after the unveil of the Tesla Model 3, the electric car maker received 325,000 orders. The interest has slowed down, but consumers keep on ordering Model 3 cars despite uncertainty of the delivery date.

If you have lined-up at a Tesla Store on March 31, like myself, the number of pre-orders is great news. Even if you are not going to buy a Model 3, the early reservation is gold and there are hundreds of thousands of people who want it. A little time and a $1,000 well invested.

According to Reuters, Elon Musk said that the interest in the Model has surprised him and Tesla Motors.

The production of the Tesla Model 3 is planned to go into production in  2017. Starting at $35,000 the Model 3 features a range of at least 215 miles. The acceleration will be from 0 to 60 mph in under 6 seconds. The small sedan will seat 5 comfortably and will be available in several variants. The base model will be rear wheel drive only. 

The challenge for Tesla Motors is now to make these 400,000 pre-ordered cars. The Gigafactory is going to play a center role as well as a dramatic ramp up in the manufacturing of Tesla. 

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The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.




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