Preorders of Tesla Model 3 jumped 28% on weekends

Preorders of Tesla Model 3 jumped 28% on weekends

California-based electric car company Tesla Motors unveiled a new, low priced version of its electric vehicle, Model 3, costing $35000 last week on Thursday, which is scheduled for sale in 2017.
The company booked 1, 98,000 preorders of its Model 3 car till Friday. An estimated of $10bn (£7bn) worth of pre-orders in just 3 days has give Tesla the much needed boost. The company has been lagging behind in delivery of vehicles and Elon Musk recently announced that steps will be taken to sort that issue.

Tesla Motors CEO Elon Musk tweeted on Sunday about 276k Model 3 orders by end of Saturday. While the company booked 115,000 pre orders before it’s official launch on Thursday. Elon Musk said that they have added more countries to Model 3 order page including India, Brazil, South Africa, South Korea, New Zealand, Singapore and Ireland.

The new Model 3 has a five-star rating across all categories, with safety features and performance, as claimed by the company’s CEO.

At a starting price of $35,000, Model 3 has the ability to go from 0 to 60 km/h in less than 6 seconds with a top speed of 250 km/h. People have to pay $1,000 to reserve their vehicle.

Elon Musk estimated an average selling price of $42,000, which could be later increased by the company.

The car can travel 215 miles (346km) in one charge which takes 4 to 5 hours on normal charging while 20 minutes for half charging on supercharger.

Some key features of the Model 3 are
- Price: From $35,000 (£24,375)
- Safety features: Autopilot
- 0–60mph: Less than 6 seconds
- Power source: To be confirmed
- Range: 215 miles (346km)
- Capacity: 5 adults
- Charge time: 5–6 hours (full charge) / 20 mins (half charge on supercharger)

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