General Motors GM is getting the first real taste of what its Chevy Bolt is up against: the Tesla brand.
After confirming 325,000 preorders for the $35,000, 215-mile-range Model 3 in a blog post last week (“The Week that Electric Vehicles Went Mainstream“), a Tesla Motors TSLA +0.31% executive this week is saying that number is now “approaching 400,000 people.” (Via electrek.)
Tesla vice president Diarmuid O’Connell, speaking in Amsterdam at the AVERE E-mobility Conference, said that the Model 3 is “the car the company was really set up to build.” He went on: “It has exceeded all of our expectations as far as the rate at which we received reservations.
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