{"id":24400,"date":"2016-04-07T12:48:28","date_gmt":"2016-04-07T19:48:28","guid":{"rendered":"http:\/\/lifeboat.com\/blog\/2016\/04\/elon-musk-tesla-model-3-orders-hit-14-billion-in-one-week"},"modified":"2017-04-24T21:25:54","modified_gmt":"2017-04-25T04:25:54","slug":"elon-musk-tesla-model-3-orders-hit-14-billion-in-one-week","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2016\/04\/elon-musk-tesla-model-3-orders-hit-14-billion-in-one-week","title":{"rendered":"Elon Musk: Tesla Model 3 orders hit $14 billion in one week"},"content":{"rendered":"<p><a class=\"blog-photo\" href=\"http:\/\/1u88jj3r4db2x4txp44yqfj1.wpengine.netdna-cdn.com\/wp-content\/uploads\/2016\/03\/Screen-Shot-2016-03-31-at-8.55.18-PM-780x441.png\"><img decoding=\"async\" class=\"aligncenter\" src=\"\"><\/a><\/p>\n<p>One week after Elon Musk <a href=\"http:\/\/venturebeat.com\/2016\/03\/31\/tesla-finally-unveils-the-model-3-its-first-car-for-the-masses\/\">unveiled the Tesla Model 3<\/a>, the company\u2019s first mass-market car, hundreds of thousands of people have paid $1,000 to reserve the car despite its expected late-2017 launch.<\/p>\n<p>That reservation figure totals to $14 billion (theoretical dollars) in sales, or 325,000 cars, with one big caveat: With only $1,000 down, some \u2014 perhaps many \u2014 of these orders will inevitably be adjusted or canceled over the next few years. In any event, that\u2019s $325 million paid in preorders to date for a car that basically doesn\u2019t exist yet.<\/p>\n<blockquote class=\"\" data-width=\"500\"><p> Over 325k cars or ~$14B in preorders in first week. Only 5% ordered max of two, suggesting low levels of speculation.<\/p><\/blockquote>\n<p><!-- Link: <a href=\"http:\/\/venturebeat.com\/2016\/04\/07\/elon-musk-tesla-model-3-orders-surpass-14-billion-in-one-week\/\">http:\/\/venturebeat.com\/2016\/04\/07\/elon-musk-tesla-model-3-or...-one-week\/<\/a> --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One week after Elon Musk unveiled the Tesla Model 3, the company\u2019s first mass-market car, hundreds of thousands of people have paid $1,000 to reserve the car despite its expected late-2017 launch. That reservation figure totals to $14 billion (theoretical dollars) in sales, or 325,000 cars, with one big caveat: With only $1,000 down, some [\u2026]<\/p>\n","protected":false},"author":367,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2019,17,1491],"tags":[],"class_list":["post-24400","post","type-post","status-publish","format-standard","hentry","category-elon-musk","category-sustainability","category-transportation"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/24400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/367"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=24400"}],"version-history":[{"count":1,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/24400\/revisions"}],"predecessor-version":[{"id":42674,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/24400\/revisions\/42674"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=24400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=24400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=24400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}