Tesla Racked Up Almost 300k Model 3 Orders Just A Few Days After Reveal

Just three days after the new Model 3 was revealed, Tesla hit an incredible 276,000 orders. To put that in context, BMW sold 476,792 3-series in all of 2015...
Tesla Racked Up Almost 300k Model 3 Orders Just A Few Days After Reveal

We were all expecting the Model 3 to be rather popular, but it’s been such a massive success already that it’s actually caught Tesla by surprise. CEO Elon Musk revealed yesterday that by the end of Saturday - just two days after the car’s reveal - the company had received an incredible 276,000 deposits. To give you a little context, BMW sold 476,792 of its 3-series in all of 2015, with the Mercedes C-Class selling 443,909 in the same period.

In fact, 115,000 of those deposits were put before the car was even revealed. The deposits are $1000 in the USA and £1000 in the UK, but it is worth noting that they are refundable, so a few of those potential buyers may well drop out.

When reacting to the massive surge in orders, Musk stated on Twitter that the expectation within the company was for about a half or even a quarter of the actual figure.

What we don’t know is how long it’ll take to get through such a large number of orders. Tesla has said that it wants to build 500,000 batteries a year at its new gigafactory to cope with the new car’s demand.

It won’t be a first-come-first-served deal either: Musk has stated that those closest to the factory in Fremont, California are likely to receive theirs first to enable “rapid turnaround on early issues”.

First deliveries are expected to occur in early 2017. A UK price hasn’t yet been revealed, but it’ll cost $35,000 in the USA before any government incentives, which vary from state to state.

Sponsored Posts

Comments

Anonymous

Hey, I don’t mind Ads on Carthrottle, I think it’s fine, but these ads in blogspot articles are in such a bad format, that it ruins the experience of reading the article quite a bit…these on sides of the page are fine tho…

04/04/2016 - 15:48 |
20 | 0
Anonymous

In reply to by Anonymous (not verified)

I have ads for battery quotes and replacement which I find both annoying and hilarious

04/04/2016 - 22:22 |
3 | 0
SAREEE (rally bro)

One is for our boy nicky poo

04/04/2016 - 15:52 |
1 | 2
Anonymous

How many will drop out when production is delay every 6 months until it finally launches in 2020?

04/04/2016 - 15:52 |
0 | 1
Freddie Skeates

Wow, the public must be really amped up by its reveal. They’ll sell as fast as lightning

04/04/2016 - 15:57 |
53 | 0

Quite A “shocker”, isn’t it?

04/04/2016 - 16:02 |
30 | 0

It “hertz” to know that it won’t be out for at least 2 more years though. I’m still pretty “amped-up” for it though.

04/04/2016 - 20:34 |
4 | 0
Anonymous

Including ar12 gaming

04/04/2016 - 16:35 |
0 | 0
Anonymous

What an electric response from the market…see what i did there? Did you see it? I said electric and it’s an EV….oh forget it

04/04/2016 - 16:42 |
3 | 0
Ben F. (Slowmaro)

Too bad it will take them like 4 years to fulfill those orders with Tesla’s current production rates for the model X.

04/04/2016 - 16:57 |
4 | 0
Senator Chinchilla

Early 2017!? Curse you, laws of physics!

04/04/2016 - 17:17 |
0 | 0
Marc

Those cars (especially the batteries) are destroying our mother nature sooo much, discusting……

04/04/2016 - 17:18 |
2 | 2
Anonymous

In reply to by Marc

Could you please enlighten me? I know that the production of batteries isn’t quite environmental friendly, but why the cars in general?

04/04/2016 - 21:12 |
1 | 0
V-Tech and EcoBoost kicked in yo

In reply to by Marc

Batteries these days are 70-100% recyclable.

04/04/2016 - 21:34 |
3 | 0
Tom Harrison

Moisture Astra is back

04/04/2016 - 20:23 |
0 | 0