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Tesla Model 3 Mania: 1 year and 400k reservations later

March 31, 2016, the day otherwise known as Model 3 Mania drew thousands of eager Tesla enthusiasts worldwide who lined up during predawn hours at their local Tesla showroom, in hopes to become one of the very first to reserve Tesla’s highly anticipated mass market sedan. Many went as far as to camp out overnight in front of the storefront to get an early jump on placing their $1,000 reservation deposit when stores opened the following day.
The day of Model 3 Mania also saw Elon Musk making a surprise visit to the Century City Tesla Store and giving high fives to the hundreds of eager Model 3 reservation holders that were waiting in line. What followed that evening was Tesla’s official Model 3 reveal event. Invited guests were given the opportunity to test ride in the Model 3, but also witness arguably the most significant product launch in automotive history.
High-five from Elon Musk himself at Century City for the #Model3. Now THAT's a CEO!! pic.twitter.com/cwE38kmxp8
— TESLARATI (@Teslarati) March 31, 2016
Now, one year later and with a presumed reservation count well north of 400,000 vehicles, Model 3 is set to take stage again at Tesla’s final ‘Part 3’ launch event.
We’ve outlined some of the milestones Tesla has been able to achieve for Model 3 in the short year following the vehicle’s debut.
Release Candidate video – The most recent Model 3 teaser came in the form of a video that Elon shared via Twitter. No new details were revealed other than the fact that this was the closest near production-ready Model 3 we have seen thus far. In true Tesla form, the release candidate looks similar to the vehicle the company showcased on March 31st of last year. There doesn’t seem to be any major updates on the aesthetics of the car other than a slightly revised nose.
Right Hand Drive Model 3 – Elon confirmed over Twitter that right-hand drive Model 3 won’t be arriving until the summer 2018.
Dual motor all-wheel drive option arriving later – Initial production run will be for the rear-wheel drive Model 3 with all-wheel drive models following 6 to 9 months after. It was communicated that this is to keep production as simple as possible from the outset.
Battery Size estimates – Model 3 battery will max out at 75kWh and have likely a 300+ mile range based on the current physical limitations of the chassis size.
Capital raise in preparation for Model 3 – Tesla kicked off another capital raise to rake in an additional $1.3 billion ahead of the start of Model 3 production. This was in addition to a $2 billion stock sale several months back.
Warehouse Expansion – Tesla signed a lease for 1.3 million square feet of warehouse space northeast of the Fremont factory. We expect that this warehouse will be used to store battery pack inventory moving from Gigafactory 1 in Spark, Nevada to the Fremont factory.
Gigafactory starts Model 3 battery cell production – Gigafactory 1 will begin production of Model 3’s high performance ‘2170 cell’ in Q2. Tesla is currently mass producing 2170 lithium ion cells for the company’s commercial and home battery storage systems.
Heads Up Display – Model 3’s gauge-less cluster has led many to believe that Tesla had plans for a HUD. However, that was quickly put to rest after Elon confirmed over Twitter that Model 3 will not have heads up display.
Supercharging congestion a concern in advance of Model 3 – Model 3 will add a significant number of Tesla vehicles to roads around the world, leaving many to wonder about the type of impact this will have on the Supercharger network. Mainly, how long do I need to wait before I can charge?
Tesla addressed these fears by implementing a new annual cap on Supercharging for all owners that purchased a Model S or Model X this year.
Model 3 Ludicrous Mode – For the performance junky out there, Ludicrous mode will indeed be available for Model 3, though Elon did note that it’s not going to be as fast as Model S.
All eyes are on the start of production for Model 3 that’s scheduled to take place in July. Employees will have the ultimate first shot at taking delivery of a new Model 3.
Happy 1 yr old birthday Model 3 Mania.
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Armored Tesla Cybertruck “War Machine” debuts at Defense Expo 2025
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Tesla Megapacks chosen for 548 MWh energy storage project in Japan
Tesla plans to supply over 100 Megapack units to support a large stationary storage project in Japan, making it one of the country’s largest energy storage facilities.

Tesla’s Megapack grid-scale batteries have been selected to back an energy storage project in Japan, coming as the latest of the company’s continued deployment of the hardware.
As detailed in a report from Nikkei this week, Tesla plans to supply 142 Megapack units to support a 548 MWh storage project in Japan, set to become one of the country’s largest energy storage facilities. The project is being overseen by financial firm Orix, and it will be located at a facility Maibara in central Japan’s Shiga prefecture, and it aims to come online in early 2027.
The deal is just the latest of several Megapack deployments over the past few years, as the company continues to ramp production of the units. Tesla currently produces the Megapack at a facility in Lathrop, California, though the company also recently completed construction on its second so-called “Megafactory” in Shanghai China and is expected to begin production in the coming weeks.
READ MORE ON TESLA MEGAPACKS: Tesla Megapacks help power battery supplier Panasonic’s Kyoto test site
Tesla’s production of the Megapack has been ramping up at the Lathrop facility since initially opening in 2022, and both this site and the Shanghai Megafactory are aiming to eventually reach a volume production of 10,000 Megapack units per year. The company surpassed its 10,000th Megapack unit produced at Lathrop in November.
During Tesla’s Q4 earnings call last week, CEO Elon Musk also said that the company is looking to construct a third Megafactory, though he did not disclose where.
Last year, Tesla Energy also had record deployments of its Megapack and Powerwall home batteries with a total of 31.4 GWh of energy products deployed for a 114-percent increase from 2023.
Other recently deployed or announced Megapack projects include a massive 600 MW/1,600 MWh facility in Melbourne, a 75 MW/300 MWh energy storage site in Belgium, and a 228 MW/912 MWh storage project in Chile, along with many others still.
What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send us tips at tips@teslarati.com.
Tesla highlights the Megapack site replacing Hawaii’s last coal plant
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Elon Musk responds to Ontario canceling $100M Starlink deal amid tariff drama
Ontario Premier Doug Ford said, opens new tab on February 3 that he was “ripping up” his province’s CA$100 million agreement with Starlink in response to the U.S. imposing tariffs on Canadian goods.

Elon Musk company SpaceX is set to lose a $100 million deal with the Canadian province of Ontario following a response to the Trump administration’s decision to apply 25 percent tariffs to the country.
Starlink, a satellite-based internet service launched by the Musk entity SpaceX, will lose a $100 million deal it had with Ontario, Premier Doug Ford announced today.
Starting today and until U.S. tariffs are removed, Ontario is banning American companies from provincial contracts.
Every year, the Ontario government and its agencies spend $30 billion on procurement, alongside our $200 billion plan to build Ontario. U.S.-based businesses will…
— Doug Ford (@fordnation) February 3, 2025
Ford said on X today that Ontario is banning American companies from provincial contracts:
“We’ll be ripping up the province’s contract with Starlink. Ontario won’t do business with people hellbent on destroying our economy. Canada didn’t start this fight with the U.S., but you better believe we’re ready to win it.”
It is a blow to the citizens of the province more than anything, as the Starlink internet constellation has provided people in rural areas across the globe stable and reliable access for several years.
Musk responded in simple terms, stating, “Oh well.”
Oh well https://t.co/1jpMu55T6s
— Elon Musk (@elonmusk) February 3, 2025
It seems Musk is less than enthused about the fact that Starlink is being eliminated from the province, but it does not seem like all that big of a blow either.
As previously mentioned, this impacts citizens more than Starlink itself, which has established itself as a main player in reliable internet access. Starlink has signed several contracts with various airlines and maritime companies.
It is also expanding to new territories across the globe on an almost daily basis.
With Mexico already working to avoid the tariff situation with the United States, it will be interesting to see if Canada does the same.
The two have shared a pleasant relationship, but President Trump is putting his foot down in terms of what comes across the border, which could impact Americans in the short term.