Tesla's new Model 3 is Watch Soul Onlinethe talk of the town after its flashy debut, but a large chunk of early adopters got cold feet and canceled their reservations before mass-production even started.
Elon Musk said on Tesla's quarterly earnings call that around 63,000 early reservations for the Model 3 were cancelled since the pre-order portal opened, according to Recode. The total number of orders went from an estimated 518,000 to 455,000, once the nixed reservations were considered.
Musk called the chunk of cancellations "inconsequential." He noted that they spanned over a year's time and Tesla could very easily provide incentives for more pre-orders if it wanted to — but with such a large number of people already waiting for their Model 3s and deliveries that might not even reach customers until November or December, there's no reason to push for more hype.
He compared the situation to running a restaurant jammed on a busy night. "There’s like an hour and a half wait for hamburgers," he said. "Do you really want to encourage more people to order more hamburgers?"
SEE ALSO: Tesla's Model 3 doesn't come with a keyTesla is receiving an average of 1,800 new orders for the Model 3 every day, according to information provided on the call. Those reservations won't result in actual deliveries until well into next year — but right now, Tesla estimates new orders will be filled between "12 and 18 months." Impatient reservation holders can get a more exact delivery projection by checking with the company.
Putting down $1,000 for a car before actually seeing it in person was a huge commitment for most people (reservations are refundable, however), so it's unsurprising that some people cancelled their orders. As more details about the car, its features, and the long S-Curve production timeline leaked out, its raised at least some uncertainties about how successful this vehicle will actually be.
The Model 3 is undoubtedly one of the most exciting car launches in recent memory, but the actual features available at the much-ballyhooed $35,000 price point might not give everyone what they expect in a Tesla. That, and the long wait for hamburgersthe cars, might have caused some people to think twice about their order.
Topics Electric Vehicles Tesla Elon Musk
All the wild looks from the 2017 Met Gala red carpetIn 2020, 'semi' is the new 'ex,' because not every relationship is official'Final Fantasy VII Remake' is a solid lesson in how to update a genreInstagram DMs are now available for everyone to use on desktopHero rescues cat from river in dramatic CCTV footageU.S. Senate advises against using Zoom for video conferencingGoogle bolsters New York's overburdened unemployment websiteStolen Zoom passwords and meeting IDs are already being shared on the dark webHow advocacy organizations are adapting to the coronavirus pandemicBarack Obama tweets at Jimmy Kimmel after his moving speech about the ACAGoogle bolsters New York's overburdened unemployment websiteTwitter reveals what U.S. history would look like if Trump were in chargeA poor duck with a knife sticking out of its head is making everyone very upsetMichelle Obama explains her iconic sideNasty Safari bugs let hackers take over your Mac and iPhone's mic and cameraApple is donating 20 million masks and producing face shields to help fight coronavirusGoogle bolsters New York's overburdened unemployment websiteFrog scares the crap out of dog and 2 humans, doggo goes back for toyFacebook accused of gender bias against women engineersA vending machine is here to service all your odd musical emergencies My Dogs Eat Better Than I Do, and I’m Okay with That Poolside with Chuck Berry Taking to the Streets? Don’t Bring a Sign—Bring a Painting Alice Neel and the Art of Self What Is Poetry For?: Six More Public Cases On Harriet Tubman, “Ugly Beauty,” and the Avant Literary Fisticuffs: When Book Parties Came to Blows Making Theater: An Interview with Elizabeth LeCompte Women at Work in the First World War High Fade: Bryan Washington on the Intimacy of a Haircut Whiting Awards 2017: Phillip B. Williams, Poetry Whiting Awards 2017: Clare Barron, Drama Revisited: Robert Lowell’s “Beyond the Alps” Shop the Echo Dot for $34.99 — save 30% Staff Picks: ‘Modern Love’, Lee Krasner, C.E. Morgan Watch Yourself: The Cows Are Out for Blood The Victorian Fantasy of the North Pole Was the Opposite of Ours Times Are Hard, But At Least Our Wallpaper Is Arsenic Whiting Awards 2017: James Ijames, Drama “A Song and the Sultan”: A Poem by Mahmoud Darwish
2.6523s , 10106.75 kb
Copyright © 2025 Powered by 【Watch Soul Online】,Feast Information Network