Elon Musk’s Tesla Motors Just Made $7.5 Billion in One Day

April 1, 2016

Tesla CEO and billionaire Elon Musk unveiled the much-anticipated Model 3 Thursday night in Los Angeles.

With an expected base price of $35,00, people have been lining up outside of Tesla offices the last couple days to reserve their very own Model 3 for $1,000.

Earlier today, Musk tweeted out some insane sales numbers from the launch of the Model 3. The car had 180,000 orders in 24 hours, which made Tesla $7.5 billion in one day.

Model 3 orders at 180,000 in 24 hours. Selling price w avg option mix prob $42k, so ~$7.5B in a day. Future of electric cars looking bright!
— Elon Musk (@elonmusk) April 1, 2016

What’s crazy is that anyone who made a reservation will have to wait until late 2017 to have their new Tesla Model 3 delivered.

Tesla shares have also risen 5.2% since Friday morning. With that being said, it looks like Elon Musk is currently killing it.

Support our Journalism with a Contribution

Many people might not know this, but despite our large and loyal following which we are immensely grateful for, NextShark is still a small bootstrapped startup that runs on no outside funding or loans.

Everything you see today is built on the backs of warriors who have sacrificed opportunities to help give Asians all over the world a bigger voice.

However, we still face many trials and tribulations in our industry, from figuring out the most sustainable business model for independent media companies to facing the current COVID-19 pandemic decimating advertising revenues across the board.

We hope you consider making a contribution so we can continue to provide you with quality content that informs, educates and inspires the Asian community. Even a $1 contribution goes a long way. Thank you for everyone’s support. We love you all and can’t appreciate you guys enough.

Support NextShark