Tesla Model 3 Preorders Equaled $10 Billion In First Day And A Half

by Jayson Derrick

April 4, 2016 11:38 AM | 1 min read | Make a Comment

Orders for

Tesla Motors IncTSLA

's Model 3 sedan continue pouring in, days after the launch event. Related Link:

Everything Everyone's Saying About Tesla After The Model 3 Launch

According to the latest report by

Reuters, Tesla's orders for its new Model 3 sedan topped 253,000. The publication cited Brian Johnson, an analyst at Barclays, who suggested that total pre-orders could reach as high as 300,000 by the end of June. Reuters also noted that the Model 3's average selling price could come in above the $35,000 base price and models loaded with extra equipment and features could fetch as much as $60,000. Shares of Tesla were trading higher by more than 3 percent late Monday morning at $245.71.

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Posted In: News Movers Tech Barclays Brian Johnson Reuters Tesla Tesla Model 3 Tesla Model 3 Preorders

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