News

Tesla Model 3 Receives 325,000 Preorders in Just One Week

There was no doubt that the Tesla Model 3 was going to be a big hit after last week saw the newly announced electric vehicle receive 180,000 preorders in just 24 hours. One week on and Tesla has revealed that the preorders kept flowing in, with the number already having reached 325,000.

If all of the preorders are converted into sales when the Model 3 is released next year, Tesla is set to make around $14 billion from sales of the Model 3 alone which will make it the single biggest one-week launch of any product ever. Due to the required $1000 preorder deposit too, Tesla have already made $325 million just for the orders so far and although the deposit is refundable for those who change their mind, it should certainly keep Tesla going until the Model 3 makes it to market. In a tweet today, Musk revealed that despite the cap on preordering two Model 3’s for each person, only 5 percent of customers ordered two cars

Furthermore, the EV firm boasts that they got this huge amount of preorders without advertisement or paid endorsements with only the enthusiasm and passion of the Tesla team and the fans who believe in them and their vision having pushed them and the Model 3 to this level of popularity. In fact, Musk himself was shocked at the number of preorders, stating on Saturday that he expected only between a quarter and a half of the 235,000 preorders that had already been placed although now he expects that it could hit half a million before the second part of the reveal later in the year.

The Model 3’s enormous popularity could just be the stepping stone that electric vehicles need to go truly mainstream, a dream that I am sure Musk and many others share. For other manufacturers hoping to release their new electric offerings in the near future, the bar has certainly been set high by Tesla and the Model 3 is the success story that many will hope to match.

Alexander Neil

Disqus Comments Loading...

Recent Posts

Nvidia’s GeForce RTX 5090 Possible Price Revealed

According to a new report, the GeForce RTX 5090 GPU will be very expensive. It…

2 hours ago

AMD Krackan Processor with 6 Zen 5 and Zen 5c Cores for Budget AI Laptops Leaked

A new AMD processor in the form of an engineering model has been leaked in…

3 hours ago

SK Hynix Begins Production of First 321-Layer NAND Chips

SK Hynix has claimed to be the first company to mass-produce 321-layer NAND memory chips.…

3 hours ago

Trust Gaming GXT 609 Zoxa 2.0 PC Speakers

SOUNDS GREAT – Full stereo sound (12W peak power) gives your setup a booming audio…

7 hours ago

PowerA Wired Controller for Nintendo Switch

Special Edition Yoshi design Ergonomic controller shape with Nintendo Switch button layout Detachable 10ft (3m)…

7 hours ago

Logitech G Saitek PRO Flight Rudder Pedals

Fluid Motion: These flight rudder pedals are smooth and accurate that enable precise control over…

7 hours ago