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Tesla Model 3 reservations reached over 400,000 based on cash flow from customer deposits

Discussion in 'News from Electrek.co' started by RSSFeed, Aug 5, 2016.

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    Last week, we reported on some confusion over Tesla’s reservation numbers for the Model 3 spurring unfounded fear of a decline in the total reservations. Tesla hasn’t been helping the situation by sticking to the last disclosed number of 373,000 reservations, which was disclosed back in May.

    Now that Tesla reported its second quarter earnings this week and released its 10-Q filing today, we have a much better idea of the number of reservations Tesla has received for its upcoming $35,000 sedan, and nothing points to a decline, on the contrary… more…

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