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View Full Version : Tesla Reveals Model 3 and the Countdown Begins



EV Fan
04-11-2016, 11:07 AM
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The unveiling of the Tesla Model 3 last week was one of the most anticipated electric car events in many years. For about a decade, the affordable long-range Model 3 has been the lynchpin in Tesla’s plan to expand sales beyond the luxury car market. Starting at $35,000 before government incentives, the car will compete with entry-level small gas-powered sedans from Audi, BMW, Mercedes and Lexus—for younger, less affluent drivers in the United States and around the world.
Since Friday’s unveiling, Tesla recorded close to 300,000 pre-orders—in just 72 hours. Pre-orders for the Model 3 require a $1,000 refundable deposit so they’re not absolutely guaranteed to translate to deliveries. But still: the astounding level of interest they represent was a surprise even to Tesla, indicating that the initial market for the Model 3 might be bigger than envisioned.
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