Enter Details

Comment on stories, receive email newsletters & alerts.

This is your permanent identity for Business Insider Australia
Your email must be valid for account activation
Minimum of 8 standard keyboard characters


Email newsletters but will contain a brief summary of our top stories and news alerts.

Forgotten Password

Enter Details

Back to log in

Tesla says it is getting 1,800 Model 3 reservations per day since Friday

Elon MuskBill Pugliano/Getty ImagesElon Musk

Tesla is averaging about 1,800 orders per day for its Model 3 since its handover event on Friday, the company said in an investor letter on Wednesday.

“In addition to the increased orders for Model S and Model X, customer response to Model 3 has been overwhelming. Since the handover event last week, we are averaging over 1,800 net Model 3 reservations per day,” Tesla said in its letter.

On Friday evening, Tesla launched the Model 3, the company’s first ever mass market car and the most important vehicle the company has ever made.

In a press briefing on before the event, Tesla said it had already had about 500,000 pre orders for the vehicle, which begins pricing at $US35,000.

Tesla is currently only delivering Model 3 vehicles to employees, but the company said in its letter that it will begin non-employees during the fourth quarter.

Get the latest Tesla stock price here.

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.