Tesla moves up start of Model 3 online preorders

Tesla Motors Inc. Chief Executive Elon Musk tweeted late Thursday the electric-car maker moved up the start of online reservations for the Model 3 in order to avoid server overload. Online reservations will start at 7:30 p.m. Pacific, one hour earlier than initially scheduled, he said. Tesla is unveiling the Model 3, a sedan expected to cost $35,000 and run 200 miles between charges, at an event later Thursday at its design center outside Los Angeles. The start of the event was kept at 8:30 p.m. Pacific. Meanwhile, thousands lined up at Tesla's stores worldwide to be first among those dropping $1,000 to reserve their Model 3. Tesla expects to start production of the car in late 2017.

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