Independent essays and ideasAboutContactEuropean Edition
Innovation

Tesla Boasts It Received Over 325,000 Reservations for Model 3

The total for reservation fees correspond to about $14 billion in implied future sales.

Electric car maker Tesla said on Thursday it has received more than 325,000 reservations for its new Model 3 sedan.

The reservations, which can be can be done by paying a refundable deposit of $1,000, correspond to about $14 billion in implied future sales, the company said.