Tesla has had their share of ups and downs. They have a fantastic product with their high-end electric roadsters, but until recently, they were all high-end cars with a high-end price tag. They just announced their new Model 3 with a pre-order price right around the $42,000 mark. The response has been overwhelming as they've had about $10 Billion worth of pre-orders in the first 36 hours. Here's hoping they knock this out of the park!
Tesla Chief Executive Elon Musk tweeted on Friday that the Model 3, which is slated to go into production in late 2017, will sell at an average price of $42,000, including the price of options and additional features, which would give the initial flurry of orders an estimated retail value of $10.6 billion.