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Tesla has already taken more than 115,000 preorders for the Model 3

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Tesla has brought in more than $115 million in preorders on the new Model 3 today, according to company CEO Elon Musk. That's 115,000 cars worth more than $4 billion at the base price of $35,000 — but expect many of those cars to sell for considerably more than the base price.

He revealed the numbers at the end of the special event for media and current Tesla owners, though we don't know much more about the car other than the base price, the fact that it will go at least 215 miles on a charge, and that it'll ship at the end of next year.

Considering the fact that most of those preorders came before the car was revealed, Tesla might just have a hit on its hands, even though the car won't begin shipping until late next year.

Update April 1 1:15AM ET: The number has now exceeded 130,000 and shows no signs of slowing down.

Watch the Tesla Model 3 race around a track