Even before the Tesla Mordel 3 was unveiled, almost 100,000 people had already pre-ordered it. After that the company still receives thousands of pre-orders for their latest electric car such that the company “Definitely needs to rethink production planning.”
It’s a week now after Tesla’s latest electric car was unveiled, and pre-orders have crossed 325,000. Tesla is currently looking to boost production so as to ensure there are no delays when the car eventually arrives, which is in 2017. The company wasn’t expecting such a huge number of pre-orders in the very first week after the car was unveiled, according to Tesla, these pre-orders reflect $14 billion in implied future sales, thus making this the single biggest one week launch of any product ever released.
Tesla is expected to deliver the Model 3 next year, from the way it looks the company needs to work extra hard so as to meet up with pre-orders. Given the number of orders already placed it’s likely that majority of the customers might not receive their cars on the year specified by Tesla, but it will be worth the wait, the Tesla Model 3 isn’t just a regular car.
Tesla Motors, Inc. is an American automotive and energy storage company that designs, manufactures, and sells luxury electric cars, electric vehicle powertrain components, and battery products. Tesla Motors is a public company that trades on the NASDAQ stock exchange under the symbol TSLA. During the first quarter of 2013, Tesla posted profits for the first time in its history. Tesla manufactures equipment for home and office battery charging, and has installed a network of high-powered Superchargers across North America, Europe and Asia. The company also operates a Destination Charging program, under which shops, restaurants and other venues are offered fast chargers for their customers.