Tesla racks up 276,000 Model 3 orders in just days

Orders for the much-hyped Tesla Model 3, a cheaper version of its electric car aimed at the mass market, have surged to 276,000 in just three days, company founder Elon Musk has revealed. Its Model 3 – which will have a base price of $35,000 – won’t be available until next year. Amid reports of queues to snap up the vehicle, Musk tweeted: “276k Model 3 orders by end of Sat.” And in a subsequent tweet added: “A Model 3 order gives you priority in your geography, so, even tho total count is high, ordering early will make a big difference locally.”

Definitely going to need to rethink production planning…

Elon Musk

With the Model 3, a compact sedan unveiled Thursday, Tesla aims to show it can appeal to the general public and produce cars en masse. The base price is half that of Tesla’s luxury Model S and the Model X, which start at $70,000.

Tesla