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Tesla Motors (TSLA) Shares Soar on Strong Pre-Orders for Model 3

On March 31, a lot of fans praised the new Tesla Model 3 as it was revealed at the company’s studio in Hawthorne, California. Tesla plans to unveil its Model 3 electric vehicle Thursday night at its Los Ang. At a starting price of $35,000 – before federal and s. He noted that he previously disagreed with traditional automakers’ comments from 2008 and 2009 in which they questioned whether there was any demand for electric vehicles, he didn’t think Tesla Model 3 reservations would be so strong so quickly.

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Bill Putman, another enthusiastic prospective purchaser, said: “What we know about Tesla and all, what he’s done in the past with the S and the X, we’re pretty confident that we’re going to end up with a pretty good auto when we get our hands on it”.

Following the public unveiling of the all-new Tesla Model 3 yesterday, company CEO Elon Musk has sent out a tweet confirming there has since been 180,000 pre-orders. Lee Danley, a commercial airline pilot, arrived at the Tesla store in the Natick Mall near Boston at opening time.

The Model 3 will be able to travel at least 215 miles on a single charge and can go from 0 to 60 mph in less than six seconds. “Granted, it’s only a fully refundable thousand dollar deposit, but to achieve well over 100,000 preliminary orders for any vehicle in the first 24 hours, even with no deposit, is an admirable achievement”. He added that the typical price of the cars reserved, including alternatives, was $42,000, or about $7,000 more than the Model 3’s base cost. It sounds insane that so many put down a $1000/£1000 /AU$1,500 deposit for a vehicle that doesn’t begin production until next year, but also extremely impressive. In a tweet Friday, he touted a “bright” future for electric cars.

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On the design front, the Model 3 fits into the Tesla family with sleek lines and boasts a roof area with a continuous pane of glass, giving the five adults it can seat extra headroom and the feeling of having more space, Musk said. I would just say it’s a computer on the wheels. The company expects to start delivering the cars in late 2017.

Tesla Motors (TSLA) Shares Soar on Strong Pre-Orders for Model 3