teslastreammodel3

Tesla CEO Elon Musk went on another “tweetstorm” Saturday afternoon and revealed a few more information about Model 3 reservations, upcoming updates and gift for reservation holders.

Musk confirmed that Tesla had 253,000 Model 3 reservations this morning and he will update the number tonight, then once more on Wednesday.

At ~$1,000 in deposit per reservation (depending on the currency/country), it adds up to about $250 million in interest-free loans for Tesla.

Musk revealed that he wasn’t expecting that many reservations:

He was especially surprised by the number of people waiting in line at Tesla’s stores:

According to the following tweet, it looks like one of the gifts is a scale down Model 3:

Musk also said that Tesla will expand to India before the start of Model 3 production and that the new wheels unveiled with the prototypes will make it to production.

You can read our post summarizing everything new we learned at the Model 3 event here.

FTC: We use income earning auto affiliate links. More.


Subscribe to Electrek on YouTube for exclusive videos and subscribe to the podcast.

You’re reading Electrek— experts who break news about Tesla, electric vehicles, and green energy, day after day. Be sure to check out our homepage for all the latest news, and follow Electrek on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our YouTube channel for the latest reviews.

About the Author