Tesla Confirms Model 3 Has Officially Sold Out Of The First Year Production Run

When Tesla alleged that they obtained over 300,000 orders shortly after announcing the new Model 3, did anyone actually think that Tesla could ramp up from 50,000 vehicles a year to producing 300,000 more Model 3s within a year? Especially considering that the Model 3's design had not even finalized yet and Tesla had not begun tooling for it yet?

Well of course it's going to take "more than a year" to deliver all of the now-claimed 350,000+ Model 3 orders. A lot more! And that's assuming:
- Tesla starts shipping Model 3s in a "reasonable short" time
- The delivered Model 3s measure up to customer expectations
- The delivered Model 3s sell for the price stated when the deposit was made, or less
- Tesla is still perceived as a viable and arguably healthy company when Model 3s start shipping

Remove any one (1) of these assumptions and Model 3 orders could quickly start vaporizing.

"380k orders"

Also, the announcement today is related to the Model 3. My guess is a HUD system called Tesla Glass.

I was wrong, Level 5 autonomous driving hardware was the announcement. That's much better, too bad the cost of the hardware went from $3k to $8k.