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Tesla steals the show with the Model 3 (The 3:59, Ep. 21)

The electric car company sizzles thanks to presales of its new sedan, but is Tesla hype overheated?

Tesla Motors, screenshot by Antuan Goodwin/Roadshow

The new Tesla Model 3 has arrived and so has the hype.

The high-end electric car company last week revealed its more affordable Model 3, which starts at $35,000. Customers lined up to snag one, and Tesla said preorders for the Model 3 -- which won't even be delivered to customers until late next year -- hit 276,000 over the weekend. We discuss whether excitement about Tesla's new vehicle has already overreached or if the Model 3 signals a big shake up in the car world.

While Tesla may be enjoying the attention, Apple is uncharacteristically not getting much notice for its newest product. The iPhone SE reportedly posted weak sales during its first weekend, revealing a lack of interest in the 4-inch phone.

We also discuss Apple's 40th birthday and, naturally, whether its rumored car project will come to fruition.

The 3:59 gives you bite-size news and analysis about the top stories of the day, brought to you by CNET Executive Editor Roger Cheng and Senior Writer Ben Fox Rubin.

Tesla steals the show with the Model 3 (The 3:59, Ep. 21)

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