Tesla's new Model 3 is Erotica Manila Episode 3the 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
Trump's new tariff plan spares some smartphones, laptops
Beyoncé on Alton Sterling, Philando Castile's deaths: 'This is a human fight'
Bugatti will make only 40 of its new $5.8 million super sports car
All the Disney responses to Trump's 'Frozen' tweet prove he should just let it go
Best Kindle Unlimited deal: Get 3 months of Kindle Unlimited for 99 cents
Europe is way ahead of U.S. when it comes to electric vehicles
This woman printed Facebook comments to read on the subway
Taylor Swift sang 'Tim McGraw' with Tim McGraw and Faith Hill
Best Kindle Unlimited deal: Get 3 months of Kindle Unlimited for 99 cents
Shoutout to this roadside hero for reminding people how to drive
The Story Behind the Home of Forgotten Video Games
Carrying a gun
Earth is the warmest it's been in about 120,000 years
Possibly possessed keyboard player steals the show
Trump signs AI education order to train K
Europe is way ahead of U.S. when it comes to electric vehicles
Instagram turns to Facebook's roots with university
Disgraced comic Louis CK reappeared Sunday for a surprise performance
Best roborock deal: Save $400 on Q5 Pro+ Robot Vacuum and Mop
Here's how to get verified on Instagram
Flight Paths by Omar El AkkadRedux: Couples at Work by The Paris ReviewRedux: Even a Fact Is Not a Fact by The Paris ReviewConversations to the Tune of AirCooking with Dorothy Sayers by Valerie StiversOn John Prine, Ferrante's Feminisms, and Paterson by The Paris ReviewConversations to the Tune of AirCooking with Dorothy Sayers by Valerie StiversWhat Our Spring Issue Writers Are Looking At by The Paris ReviewWe Need the Eggs: On Annie Hall, Love, and Delusion by Sheila HetiCooking with Dorothy Sayers by Valerie StiversAnthony Cody, Poetry by Anthony CodyRedux: Couples at Work by The Paris ReviewMegha Majumdar, Fiction by Megha MajumdarRedux: Of Continuous Change by The Paris ReviewListen to Henri Cole Read Poems from the Paris Review Archive by Henri ColeVesna by The Paris ReviewPhotographic Neuroses: Alec Soth's A Pound of Pictures by Gideon JacobsCooking with Virginia Woolf by Valerie StiversDiary, 2018 by Elisa Gonzalez This envelope was so teeny tiny it needed a bigger envelope to be sent Little girl screaming when her doll's head pops off makes for a great photo Driverless cars, without a driver this time, to be tested on California roads Rumor: Apple's iPhone X Plus existence may be revealed in new photos Woman's mirror selfie creates a mind Samsung Galaxy S9 and S9+ U.S. prices: Verizon, AT&T, T Microsoft set for Supreme Court battle over foreign 50 Shades of No: A new t To take on Amazon Alexa, Google announces new features for Assistant Hey Nokia, stop ruining our memories Celebrate Pokemon Day with Pikachu app for Amazon Alexa, Google Home It's farewell to iTunes on old Apple TVs, Window PCs Last good person in America Dolly Parton donates 100 millionth book Proxima Centauri's potentially habitable planet hit by a huge flare Disney donating $1 million to STEM programs following 'Black Panther' success People are leaving out hats and gloves to help the homeless stay warm Coal baron's defamation lawsuit against John Oliver has been dismissed Scary footage shows woman plunging into frozen lake to rescue stranded dog YouTube Live gets location tags, automatic captioning, and more BMW's new smartphone car key means you better not lose your phone
0.9528s , 10108.3515625 kb
Copyright © 2025 Powered by 【Erotica Manila Episode 3】,Co-creation Information Network