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The Latest: Tesla has 115,000 reservations for new Model 3

DETROIT (AP) - The Latest on the unveiling of Tesla's new Model 3, a lower-priced sedan (all times local):

9:10 p.m.

Tesla Motors says buyers reserved more than 115,000 Model 3 sedans on Thursday, the first day orders were taken.

With a starting price of $35,000, the Model 3 is the lowest-priced car Tesla has ever made. It's scheduled to go on sale at the end of 2017.

Tesla CEO Elon Musk introduced prototype versions of the car Thursday night at the company's Los Angeles design studio.

It has a panoramic glass roof and semi-autonomous features like automatic lane changing and lane-keeping. Musk says it will go at least 215 miles on an electric charge.

To support Model 3 sales, Musk says Tesla plans to double the number of stores it has worldwide to 441 by the end of next year. It also plans to double its fast-charging stations to 7,200.

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7 a.m.

The promise of an affordable electric car from Tesla Motors had hundreds of people lining up to reserve one.

Tesla planned to unveil its Model 3 Thursday night at its Los Angeles design studio. It doesn't go on sale until late 2017, but potential buyers could reserve one with a $1,000 deposit at Tesla stores starting Thursday morning.

Long lines, reminiscent of the crowds at Apple stores for early models of the iPhone, were reported from Hong Kong to Austin, Texas, to Washington.

At a starting price of $35,000 - before federal and state government incentives - the Model 3 is less than half the cost of Tesla's previous models. The car is expected to have a range of at least 200 miles when fully charged, about double what drivers get from competitors in its price range, such as the Nissan Leaf and BMW i3.

People sit at computers where they can reserve one of the cars before Tesla Motors unveils the Model 3 at the Tesla Motors design studio Thursday, March 31, 2016, in Hawthorne, Calif. The promise of an affordable electric car from Tesla Motors had hundreds of people lining up to reserve one. At a starting price of $35,000 - before federal and state government incentives - the Model 3 is less than half the cost of Tesla's previous models. (AP Photo/Justin Prichard) The Associated Press
Tesla Motors Inc. CEO Elon Musk speaks at the unveiling of the Model 3 at the Tesla Motors design studio Thursday, March 31, 2016, in Hawthorne, Calif. The promise of an affordable electric car from Tesla Motors had hundreds of people lining up to reserve one. At a starting price of $35,000 - before federal and state government incentives - the Model 3 is less than half the cost of Tesla's previous models. (AP Photo/Justin Prichard) The Associated Press
Nick Tobin, left, with his father, Byron Tobin, second from left, wait in line to be the first to sign a wait list to own the new Tesla Model 3 at the Tesla showroom in Pasadena, Calif., Thursday, March 31, 2016. Tesla plans to unveil its Model 3 electric car Thursday night at its Los Angeles design studio. At a starting price of $35,000, before federal and state government incentives, the Model 3 is less than half the cost of Tesla's previous models. (AP Photo/Nick Ut) The Associated Press
Customers wait in line to be the first to sign a wait list to own the new Tesla vehicle at the Tesla showroom in Pasadena, Calif. Thursday, March 31, 2016. Tesla plans to unveil its Model 3 electric car Thursday night at its Los Angeles design studio. At a starting price of $35,000, before federal and state government incentives, the Model 3 is less than half the cost of Tesla's previous models. (AP Photo/Nick Ut) The Associated Press
FILE - In this Wednesday, Dec. 2, 2015, file photo, Tesla Motors Inc. CEO Elon Musk delivers a conference at the Paris Pantheon Sorbonne University as part of the United Nations Climate Change Conference in Paris. Tesla Motors is set to unveil the Model 3, its first car in the $35,000 range. The Model 3 is the most serious test yet of 13-year-old Tesla’s ability to go from a niche player to a full-fledged automaker. (AP Photo/Francois Mori, File) The Associated Press
Customers wait in line to be the first to sign a wait list to own the new Tesla Model 3 at the Tesla showroom in Pasadena, Calif. Thursday, March 31, 2016. Tesla plans to unveil its Model 3 electric car Thursday night at its Los Angeles design studio. At a starting price of $35,000, before federal and state government incentives, the Model 3 is less than half the cost of Tesla's previous models. (AP Photo/Nick Ut) The Associated Press
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