LOS ANGELES (AP) — Tesla Motors says buyers reserved more than 115,000 Model 3 sedans on Thursday, the first day orders were taken.
With a starting price of $35,000, the Model 3 is the lowest-priced car Tesla has ever made. It’s scheduled to go on sale at the end of 2017.
Tesla CEO Elon Musk introduced prototype versions of the car Thursday night at the company’s Los Angeles design studio.
It has a panoramic glass roof and semi-autonomous features like automatic lane changing and lane-keeping. Musk says it will go at least 215 miles on an electric charge.
To support Model 3 sales, Musk says Tesla plans to double the number of stores it has worldwide to 441 by the end of next year. It also plans to double its fast-charging stations to 7,200.
KRON’s Jeff Bush will have a live report at 11 p.m. on KRON.