Tesla will begin taking reservations worldwide for the Model 3 on March 31, the same day the company is going to reveal the compact luxury car.
Interested parties will be asked to deposit $1,000 or £1,000 or €1,000, depending on the country of residence.
Tesla will give two ways of making a reservation: Potential customers can visit their local Tesla store when it opens on March 31st, with the company saying that this will allow them to secure a better spot in the queue or make their reservation online on the company’s site when the live unveil event starts its broadcast.
A different queue will be held for each region in order to keep things as fair as possible. And speaking of fair, the company will offer priority to existing Tesla owners. “The fastest way to buy a Model 3 is to buy a Model S or Model X”, says Tesla in their statement.
Production of the new entry-level Tesla will begin in late 2017, with the first cars to be delivered in North America, starting on the West Coast, moving east. Europe, Asia-Pasific region and right-hand drive markets will follow soon after.
Tesla will reveal the Model 3, possibly in a working prototype status, on March 31st and will be broadcasted live on the company’s website.