Tesla Model 3 orders hit 400,000

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By Euronews  with Reuters
Tesla Model 3 orders hit 400,000

Electric car maker Tesla says it has received almost 400,000 orders for its latest car, the model 3.

Speaking at a conference in Norway, boss Elon Musk said the level of interest had “surprised” even him.

The car is due to go on sale late next year.

But the company has a history of delays and some analysts believe it could struggle to fill all the initial orders for the Model 3.

Billed as Tesla’s affordable offering, the mass-market vehicle will sell, on average, for $42,000 (37,000 euros) in the US.

People ordering them have to put down a refundable $1,000 (880 euros) deposit.

Of those orders, 253,000 were placed in the first 36 hours after the car was unveiled.