Tesla Says Model 3 Hits 325,000 Preorders - Unprecedented Demand

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Barely a week after the official unveiling of Tesla's Model 3 and the company says they now have 325,000 preorders for the company's new car.  At $1000 deposit each that's $325,000,000 in cash that the company just got interest free to help fund production and represents over $14 billion in sales of the vehicle if all are eventually produced and purchased.  Analysts are calling the Model 3 demand 'unprecedented' for any vehicle before and that it underscored the pent-up demand for a mass market vehicle from the iconic automaker.  Interestingly, other major auto producers are finding demand for their electric vehicles less than stunning as low gas prices over the past year has boosted truck and large SUV sales.  The premium Tesla badge certainly has an allure and the company's track record of innovation and cutting edge technology as well as the cachet of owning a car from Elon Musk's company all certainly are playing a part in the volume of preorders.  Of course one can't fail to mention that the attractive design as well as promised 215 mile per charge and 0-60 in less than 6 seconds even on base models are part of the allure.  Have you reserved your Tesla Model 3 yet?  Let us know in the comments!

Source: TESLA