Tesla Opens Model 3 Orders to Reservation Holders

30 Juin, 2018, 19:42 | Auteur: Auguste Feret
  • Tesla Opens Model 3 Orders to Reservation Holders

Now, reports the Detroit News, all United States and Canada customers have been invited to pay the deposit and configure their cars.

It's even more welcome for Tesla's balance sheet.

Upon placing the order, an additional $2,500 deposit will be required, in addition to the $1,000 reservation already paid. If roughly 100,000 people in the USA and Canada confirm this week, that's a US$250 million injection of cash in the final, frantic days of a critical quarter. The raw number of reservations is constantly in flux as some people cancel and others reserve for the first time, raising questions about demand and what the true backlog is.

Earlier this week, CNBC reported that all Model 3 reservation holders were receiving emails inviting them to finalize their orders and, most importantly, asking for $2,500 to fulfill said orders.

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The Detroit News reports that people with Model 3 reservations have three variants to choose from when confirming their orders.

Customers who order their Model 3s now have three options: the rear-wheel-drive (which starts at $44,000) and all-wheel-drive ($48,000) versions with a long-range battery, and the performance version ($64,000). Customers who want the standard range battery can decide to order a higher priced version of the vehicle, continue to wait, or cancel their fully-refundable reservation.

Tesla is expected to release production and delivery figures on Tuesday.

Out of the Wall Street firms Bloomberg polled about Tesla's production rate, only Evercore ISI gave a weekly estimate-at 4,600 in the final week of June-400 short of Musk's target.

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