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Tesla says gets over 325,000 reservations for new Model 3 sedan

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Tesla says gets over 325,000 reservations for new Model 3 sedan
A Tesla Motors mass-market Model 3 electric car is seen in this handout picture from Tesla Motors on March 31, 2016.

Electric car maker Tesla Inc (TSLA.O) said on Thursday it has received more than 325,000 reservations for its new Model 3 sedan.

The reservations, which can be can be done by paying a refundable deposit of $1,000, correspond to about $14 billion in implied future sales, the company said. (bit.ly/1oFkduW)

(Reporting by Ankit Ajmera in Bengaluru; Editing by Shounak Dasgupta)

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07 April 2016, 19:00