Elon Musk has yet to figure out how will Tesla Motors be capable of meeting its nearly 200,000 reservations of the Tesla Model 3 car unveiled earlier this week. Getting off to a great start, Tesla Motors raised almost $200 million in deposits from people sold by the car presentation that took place at a design studio in Los Angeles Thursday night.

The Chief Executive Officer of the company, Musk announced its necessity for reassessing the Tesla Motors’ production planning in a post from his Twitter account. Elon claimed he thought pre-orders would slow down as the day passed yet Tesla’s Model 3 car had reached 198,000 by that time.

Elon Musk has yet to figure out how will Tesla Motors be capable of meeting its nearly 200,000 reservations of the Tesla Model 3 car unveiled earlier this week. Photo credit: Tech Insider
Elon Musk has yet to figure out how will Tesla Motors be capable of meeting its nearly 200,000 reservations of the Tesla Model 3 car unveiled earlier this week. Photo credit: Tech Insider

Tesla’s Model 3 car counts with a distinguished glass roof and an extended hood in comparison to the company’s previous models. Also, it features a high-tech touchscreen dashboard in the center, known for its debut in the previous Model S sedan. Musk is particularly shocked at a number of pre-orders only days after the car was released in LA, as the car won’t be available until late 2017.

However, that didn’t stop fans from lining up across Tesla dealerships across the United States in order to be among the privileged ones to pre-order the $35,000 Model 3 car. Musk has shown to be one of the most influential men for his recent contributions to technological breakthroughs and advances. Considering his ongoing success with his other company SpaceX, people can have a little more trust knowing Musk is behind the development of the Tesla Model 3 car.

Another reason people turned out in crowds around Tesla dealerships nationwide could be the fact that electric cars now count with an audience, and it’s pretty sizeable given the turnout to pre-order Tesla’s upcoming car model. Elon Musk’s recently acquired company Tesla Motors will surely bring up electric cars up to the automaker company giant’s currently ruling the car-manufacturing marketplace.

 The new company on the block

This way, traditional brands such as Toyota, Ford, and Volkswagen may be welcoming a worthy opponent for this upcoming year. Even though Tesla Motors’ competitors have already engaged in making hybrid cars and electric cars as well, Musk’s company has proven to be a fuel-efficient automaker until now as all its cars are either electric or hybrid.

Is because of this, that people has turned out by the thousands just to place a reservation with a deposit of $1000 for order. Incredibly enough, people will be able to get the newest model to be released next year for almost half the cost of previous models.

And considering the starting price for the car is $35,000 – estimating an increase of less than 10 percent over the year – Tesla Motors could be hauling in generous revenue that could reach up to $80 billion. Tesla Motors is going to be one of the automaker companies that will give drivers what to talk about next year, no doubt about it.

Source: The Verge