Tesla unveils $35,000-Model 3 with range of 215 miles

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Go back to Tesla unveils $35,000-Model 3 with range of 215 miles

Tesla (TSLA) to Rethink Production Planning as Model 3 Orders Climb to 198K

April 1, 2016 1:26 PM EDT

(Updated - April 1, 2016 1:36 PM EDT)

Orders for Tesla's (NASDAQ: TSLA) Model 3 haven't slowed, and order count now stands at 198,000, said the company's CEO Elon Musk via twitter. He added that he will need to rethink production... More

Tesla (TSLA) CEO Musk: Model 3 Orders Surpass 180k in 24 Hours

April 1, 2016 12:13 PM EDT

Tesla (Nasdaq: TSLA) CEO Elon Musk said Model 3 orders have surpasses 180,000 in 24 hours. The average selling price was around $42,000,... More

Stifel 'Awestruck' at Level of Demand for Tesla's (TSLA) Model 3; Reaffirms at 'Buy'

April 1, 2016 6:45 AM EDT

Stifel is out with commentary on Tesla (Nasdaq: TSLA) following the Model 3 debut on Thursday night. The firm reiterated its Buy rating and $325 price target on Tesla.

Analyst James Albertine offered the following commentary:

We are simply awestruck by the demand surfacing for the Model 3. While we have disagreed with traditional OEMs (comments circa 2008/09) and various investors (comments circa 2012-16) both of whom have questioned whether "demand exists" for electric vehicles, we had no idea the reservation orders would be this strong for... More