Tesla has staked a lot on the number of reservation deposits it has received for the Model 3. When the company first opened reservations for the car two years ago, it said that more than 400,000 people had put down a $1,000 deposit for what Tesla billed as a $35,000 car. That number eventually rose to 450,000. The deposits are fully refundable... Study shows 23 percent cancelations on Tesla Model 3 deposits
Tesla has staked a lot on the number of reservation deposits it has received for the Model 3. When the company first opened reservations for the car two years ago, it said that more than 400,000 people had put down a $1,000 deposit for what Tesla billed as a $35,000 car. That number eventually rose to 450,000. The deposits are fully refundable...