Queues around the block as Tesla unveils $45k Model 3 - home battery pack

Tesla Chief Executive Elon Musk announced the prototype of the Model 3 to hundreds of Tesla owners and media in Hawthorne, California, on Thursday, saying the car would be put into production in 2017, the starting price is $641 (US dollars ).
Model 3 is critical to the Silicon Valley carmaker's growth plan and to maintain its high share price.
In recent days, Tesla's share price has risen sharply in anticipation of the listing of Model 3.
Model 3 will enter the crowded areas of luxury and electric vehicles including gasoline
Fuel models such as Audi A4 and BMW 3-
Series, as well as GM's upcoming Chevrolet Bolt electric car and other electric models.
"Do you want to see that car ? " Musk quipped, screaming from the audience in the hangar.
Large facilities within the Tesla design center.
"We didn't give it to you tonight-just kidding!
Three Model 3 cars were driven on the stage.
Small and stylish four
The door car without grilles has a roof with panoramic glass from the front to the back.
Musk said 115,000 pre-
Orders for the car were received on Thursday alone.
Within half an hour, in the rolling scroll projected onto the screen, the number reached 137,600.
Fans camped overnight, lined up outside Tesla stores across California, and dropped deposits on cars in scenes reminiscent of Apple's product launch.
Model 3 is crucial for Tesla to achieve its goal of selling 500,000 cars a year by 2020.
The success of Tesla's battery factory in Nevada, Gigafactory, also depends on Model 3.
Tesla said the scale of the large plant would reduce the cost of its battery pack by 30 to achieve lower costspriced vehicle.
High expectations before the announcement brought Tesla's share price back to about US dollars-
Mark, recovered from the lowest dollar us141 last year.
Analysts cut their price targets and revenue expectations after February.
"It's important for the industry because it will show whether Tesla cars are a big threat to the status quo or just another company that wants to be a car company, with a short chance for a long time
Jack Nerad of Kelly's Blue Book said.
GM will beat Tesla in the Chevrolet Bolt electric car market, which GM said will be available later this year. An electric driving range of about 200 miles starts at about $1.
Nissan Motor Co. 's new generation of Leaf electric vehicles is also expected to offer more mileage at similar prices.
Model 3 and other models of the new generation of electric vehicles face the challenge of low gasoline prices, high battery costs, and uncertain investment in charging infrastructure.
Through the first two months of this year, all sales
Data from the power-driven Transport Association show that electric and hybrid vehicles have dropped nearly 60,384 to vehicles.
That's less than the hybrid and battery electric vehicles Ford sold in two months.
In February alone, there was a series of large utilities. Several short-
Long-term attention, such as the production of Model 3 will be delayed, the slow slope of Model X will continue, continuein-
The hand holding the scepter is longer
For a long time, there has been concern that the company, which has no unprofitable, will continue to lose money.
In February, Tesla said it would start generating positive cash flow this month.