" I understand that forward orders for electric cars in some parts of the USA are off 50%. "
Pre-sales of Tesla’s Model 3 topped first-year projections in less than 24 hours
Before Elon Musk left the stage of Tesla’s design studio in California on Thursday night (March 31), the company’s CEO said 115,000 customers had made $1,000 deposits to buy the Model 3 once it’s ready for delivery (probably) at the end of 2017. By the next afternoon, the number of reservations had reached 232,000, exceeding analysts’ expectations for the entire year.
The deposits are refundable, but presuming they turn into sales, Tesla can look forward to at least $8.1 billion in revenue on its first mass-market vehicle.
