Elon Musk Unveils Tesla’s Much-Anticipated Model 3 at Invitation-Only Event

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The wait is over.

Elon Musk unveiled Tesla's latest electric vehicle, the sleek Model 3, Thursday night in front of a crowd of 800 people in Hawthorne and an enormous audience online via livestream.

Pre-orders for the electric vehicle -- envisioned as Tesla's first affordable electric car for the masses -- began Thursday morning in stores around the world and online starting at 7:30 p.m. Pacific time.

By 10 p.m., roughly 133,000 pre-orders had been placed.

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