180,000 people have placed deposits on the new Tesla so far

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The Model 3 received 134,000 reservations on Thursday—it was unveiled that evening—Bloomberg reports, each with a $1,000 deposit. On Friday, after the car was revealed, Tesla Chairman Elon Musk announced 46,000 more reservations.

According to MONEY, this accounts for more than the total number of Tesla cars sold to date, and even more than the sales of all electric cars in 2015.

At $35,000, the Model 3 is Tesla’s lowest-priced car. It is scheduled to go on sale at the end of 2017.



http://time.com/4279397/tesla-model-3-car-reservations/
 
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Pre-orders are now up to 198,000.


Tesla calls the four-door Model 3 a "premium sedan." Here's a look at some of the car's specifications:

The Model 3's base price is $35,000, although Musk tweeted that the selling price with the average mix of options probably would reach $42,000.

The Model 3 accelerates from 0 to 60 mph in less than six seconds. Musk, after unveiling the car, told the audience that "there will be versions of the Model 3 that go much faster."

The car can travel at least 215 miles before it needs recharging and has standard equipment to use Tesla's so-called supercharging stations, where the car can be recharged in minutes rather than hours.

There are about 3,600 superchargers at more than 600 locations. Musk said Tesla expects to double the number of superchargers by the end of next year.

The futuristic interior replaces the conventional cluster of gauges in front of the driver with a 15-inch touch-screen just to the driver's right. That's the instrument display where the driver enters various commands.

Also standard is the hardware for an autopilot feature, which uses the car's cameras, radar and sensors to automatically steer down the highway, change lanes, adjust speeds and parallel park on the driver's command. In "summon" mode, the car will pull itself up to the driver.

Tesla says the Model 3 will receive a top five-star rating in every safety category.


http://www.latimes.com/business/la-fi-tesla-specs-20160402-story.html
 
Update:

Reservations for Model 3 surpass 276,000.


Reservations for Tesla Motors Inc. ’s Model 3 electric car have now topped 276,000 since the company began taking deposits on March 31.

The figure is staggering and could represent both an evolution for Tesla and for electric cars.

Tesla CEO Elon Musk gave an update on reservations on Twitter late Saturday evening, after updating the figure several times since Thursday evening’s unveiling of the Model 3, due out in late 2017.

The Model 3 is a sedan capable of seating five and going 215 miles on a charge and 0-60 mph in less than 6 seconds, starting at a price of $35,000.

“All efforts focused on accelerating the ramp,” Musk said in a tweet, his standard form of communication.

To give a sense on the scale of the demand, BMW sold about 95,000 3-series sedans in 2015 in the U.S. The Model 3 is roughly the same size and price and would likely outsell the U.S.’s best-selling compact luxury car in its first year of production.

The Model 3 will be a rear-wheel-drive car with all-wheel-drive as an option.

The 276,000 reservations equates to $11.6 billion in orders, based on Musk’s assessment that the average Model 3 would cost about $42,000 with options. Last year, Tesla’s global revenues were about $4 billion.

To date, in its existence, Tesla has shipped about 110,000 cars, most of the Model S sedans.

The huge vote of confidence in its forthcoming vehicle is a vindication for Musk and his confidence that the company could sell 500,000 cars a year by 2020, a figure that seems possible now.


http://www.wsj.com/articles/tesla-motors-says-reservations-for-model-3-surpass-276-000-1459724101
 
Most of the best selling cars in America, such as the Honda Accord or Nissan Altima, generally hit around 300,000 in sales every year.

Tesla saw 276,000 people sign-up to buy its newest all-electric Model 3 sedan — in two days.

That massive number, which far exceeded optimistic forecasts, upends traditional thinking about how to sell cars and is expected to spur the auto industry to shift more dramatically to market electric technology to consumers, analysts said.

“We’ve never seen anything quite like this in the auto industry,” said Jessica Caldwell, a senior analyst at Edmunds.com. “It is unprecedented.”




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https://www.washingtonpost.com/news/innovations/wp/2016/04/04/the-car-industry-has-never-witnessed-what-tesla-is-about-to-go-through/
 
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