Almost 200,000 pre-orders have been placed for the Tesla Model 3, just 24 hours after Elon Musk’s firm revealed its most affordable vehicle yet.
In a pair of tweets on Friday afternoon Musk revealed the average order price of $42,000 means the coffers will swell by $7.5bn if all of the pre-orders are converted into sales.
Those wishing to reserve the Model 3, which starts at $35,000, had to place a deposit of $1,000. That means Tesla pocketed a cool $198m before day one is over.
Prior to the launch event on Thursday night, Musk had secured 115,00 pre-orders and the number has grown by another 83,000 since.
Musk says the number for its first mass-market car is growing fast, with wait times also rapidly on the rise.
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Revealed at the Tesla California design studio on March 31, the Model 3 Sedan can muster 0-60mph in just 6 seconds and has a range of at least 215 miles on a full charge.
Users will have the option of all-wheel or rear wheel drive for the car, which will commence shipping by the end of 2017.
Related: Features that’ll make you want a Tesla Model X
The Model 3, like the Model S, also has premium features like the all-glass roof, Autopilot facility and the iPad-like 15-inch touchscreen display in the centre console.
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Have you ordered a Tesla Model 3? Let us know in the comments below.
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Editorial independence
Editorial independence means being able to give an unbiased verdict about a product or company, with the avoidance of conflicts of interest. To ensure this is possible, every member of the editorial staff follows a clear code of conduct.
Professional conduct
We also expect our journalists to follow clear ethical standards in their work. Our staff members must strive for honesty and accuracy in everything they do. We follow the IPSO Editors’ code of practice to underpin these standards.