Tesla Motors blog about Model 3 Orders Changing EV Market

By: The Tesla Team

April 7, 2016

So note folks (GLG HERE) that orders are coming off the lot in Westchester. Model X cars are on the street. Model S sales have grown but not as much as X. While everyone is waiting on the Model 3!

A week ago, we started taking reservations for Model 3. Similarly the excitement has been incredible.

We’ve now received more than 325,000 reservations. Thereby corresponding to about $14 billion in implied future sales, making this the single biggest one-week launch of any product ever. This interest has spread completely organically. Unlike other major product launches, we haven’t advertised or paid for any endorsements. Instead, this has been a true grassroots effort driven by the passion of the Tesla team that’s worked so hard to get to this point and our current and future customers who believe so strongly in what we are trying to achieve. Most importantly, we are all taking a huge step towards a better future by accelerating the transition to sustainable transportation.
We want to thank everyone who has shown their faith in Tesla and the mission of electric vehicles. We would write more, but we need to get back to increasing our Model 3 production plans!