Tesla Model 3 Nearing 400,000 Preorders, Musk Says Demand 'Surprised Even Us'

Preorders for Tesla Motors Inc TSLA Model 3 sedan is approaching the 400,000 mark.

Speaking at a conference in Norway, Tesla's CEO Elon Musk said the strong preorder figure "surprised even us."

Related Link: How To Try Tesla's Autopilot Before Buying It

Preorders from customers have surged throughout April. Within 24 hours of unveiling the new car, Tesla received 180,000 pre-orders.

On April 4, preorder levels topped the 250,000 mark, which prompted some analysts to predict that total preorders will reach as much as 300,000 by the end of June.

The continued growth in preorder figures may solidify Trip Chowdhry's thesis that Tesla's competitors are "destined to fail."

Shares of Tesla were trading higher by 0.30 percent early Thursday morning.

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Posted In: NewsElon MuskReutersTesla Model 3Tesla Model 3 PreordersTrip Chowdhry
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