Thursday in CE: Tesla Model 3 Demand at Nearly 1,800 Net Reservations Daily
Last Friday, Elon Musk and crew unveiled the Model 3, a consumer-centric model from Tesla that strays away from the price and luxury range of the Model X and Model S without sacrificing (too many) of the bells and whistles that make Tesla so badass in the first place. In a nutshell, the Model 3 loses a variety of different customization options, onboard computers, and raw engine power but also slashes the price from roughly $82,000 and $65,000 (Model X and S respectively) to $35,000 before tax and government incentives.
Tesla held an event that showcased the car to the public, handing over a few models early to employees who pre-ordered. If all goes to plan, the Model 3 should be available to the public in November this year.
Tesla continues to generate about 1,800 new orders a day, but that doesn't account for the 63,000 canceled orders, over the past year, as of yesterday. With the total net is still at 455,000, Musk doesn't seem to be surprised by the cancellations.