Tesla says it is getting 1,800 Model 3 reservations per day since Friday

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Elon Musk

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Elon Musk

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Tesla is averaging about 1,800 orders per day for its Model 3 since its handover event on Friday, the company said in an investor letter on Wednesday.

"In addition to the increased orders for Model S and Model X, customer response to Model 3 has been overwhelming. Since the handover event last week, we are averaging over 1,800 net Model 3 reservations per day," Tesla said in its letter.

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On Friday evening, Tesla launched the Model 3, the company's first ever mass market car and the most important vehicle the company has ever made.

In a press briefing on before the event, Tesla said it had already had about 500,000 pre orders for the vehicle, which begins pricing at $35,000.

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Tesla is currently only delivering Model 3 vehicles to employees, but the company said in its letter that it will begin non-employees during the fourth quarter.

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