Tesla Inc (TSLA)

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Why the Tesla Model 3 is a really big deal
http://money.cnn.com/2017/07/28/technology/tesla-model-3-matters/index.html?iid=hp-stack-dom

When the Model 3 was unveiled to great fanfare in April, 2016, 350,000 people raced to put down $1,000 deposits for one in the first week. The first customer deliveries of the Tesla Model 3 will doubtless gain far more attention than the first deliveries of Chevrolet Bolt EVs got seven months ago.

"This is a seminal moment for EVs," said Jeremy Acevedo, an analyst with the automotive Web site Edmunds.com.

If even half of the people who put down a deposit on the Model 3 actually buy one, then this car alone will give a huge boost to EV sales, he pointed out. There were 78,000 electric cars sold in the U.S. last year, over half of which were Tesla Model S sedans and Model X SUVs. The Model 3, just by itself, could easily double or even triple electric vehicle sales in the U.S. if Tesla can ramp up production.

$TSLA