Tesla Model 3 Reservations Reach 325,000 In First Week

Just a week after being unveiled, Tesla's car for the masses, the Model 3, has become immensely successful- so successful, in fact, that its pre-orders have now reached staggering numbers, with the carmaker announcing that it currently has 325,000 orders for the upcoming vehicle to date.

Thus, if every Tesla does manage to deliver on those orders, the Model 3 might very well become the definitive electric car of this generation. After all, with the vehicle's attractive exterior and high-performance internals, the asking price of $35,000 seemed like a very justifiable amount to most.

What is particularly notable is the fact that the Model 3 has not even been fully unveiled yet. As stated by company CEO Elon Musk, the Model 3's launch last week was only a half-reveal. The full unveiling of the car, complete with a walkthrough of the interior and the like, has yet to come.

However, 325,000 people have already pre-ordered the car. Indeed, from the numbers alone, it does seem like the whole world has finally become enamored of high-performance electric vehicles.

Tesla has already admitted that the widespread support and equally widespread demand for the vehicle was far beyond the company's expectations. In a previous statement, the automaker only expected around 80,000 to 100,000 reservations for the car after its launch.

Considering that hundreds of people were lining up outside Tesla Stores across the world to get a chance to pre-order the vehicle even before the car was unveiled last week, it seems like Tesla itself was not aware of the full extent of its popularity.

Of course, with the reservations for the Model 3 coming in droves, Tesla needs to double up in order to meet the demand. In a recent announcement, the carmaker has stated that it is currently "increasing production plans to minimize the wait for Model 3."

After all, successfully introducing a car that seems to have captured the hearts of millions was only the first step for the electric car maker. After establishing interest and support, Tesla now faces the daunting task of delivering the car to those who ordered it.

As of Wednesday's close, Tesla's stocks have risen about 16 percent since the unveiling of the Model 3 last week.

Tags
Tesla, Electric cars
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