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Orders for the Tesla Model 3 expected to surpass 300,000 before end of April 2016

It is estimated that the orders for the Tesla Model 3 would surpass 300,000 before the end on April 2016.

It has been ten years in waiting and the electric car for the masses, the Tesla Model 3, was finally unveiled last week by Elon Musk.

Tesla Motors said orders for its new Model 3 electric sedan topped 253,000 in the first 36 hours and Elon Tweeted on Sunday, 3rd of April that the orders have reached 276,000 as at close of business on Saturday.

276k Model 3 orders by end of Sat

— Elon Musk (@elonmusk) April 3, 2016

This is incredible for a car that will not be out in another 18 months or more and people are willing to put down $1,000 deposit without so much as a test drive or a single review..

Elon Musk has tweeted on Friday that the Model 3, will sell at an average price of $42,000, including the price of options and additional features, which would give the initial flurry of orders an estimated retail value of $10.6 billion. The car’s average selling price projected by Musk is well above the $35,000 base price.

The Model 3 has been conceived to be the electric car for the masses. The base car will do will do 0-60 mph in less than 6 seconds, and range will be at least 215 miles when fully charged. The Model 3 cars will include support for Tesla’s high-speed Supercharging network, because “it’s about going where you want to go,” according to Musk.

By the end of 2017, Tesla says it will have a total of 7,200 Superchargers, double the number available today.

Hope Tesla can fulfil the orders as and when due.

By the way, want to place your own order? Click here

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The post Orders for the Tesla Model 3 expected to surpass 300,000 before end of April 2016 appeared first on Innovation Village.



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Orders for the Tesla Model 3 expected to surpass 300,000 before end of April 2016

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