Nearly A Quarter Of Tesla Model 3 Reservations Cancelled In U.S.

Tesla may have the most fiercely loyal fan base in the automotive world but even this can’t help the company in the face of ongoing Model 3 production delays.

When the order books for the entry-level model opened in April 2016, Tesla received hundreds of thousands of deposits within a matter of weeks. However, data published by Second Measure asserts that as of the end of April, 23 per cent of all Model 3 deposits in the United States had been recalled.

Figures reveal that 18 per cent of all Model 3 refunds happened in April, the same month when Elon Musk said the sedan would be delayed six to nine months. Of course, not all the cancellations would be because of the delays as the financial positions of many would-be customers could have also changed in the past 24 months.

Nevertheless, the data reveals that at least some customers are growing tired of waiting.

Tesla still has over 400,000 orders to fulfill.

Unsurprisingly, Tesla claims that the figures published by Second Measure don’t match its internal data but failed to mention how many orders had been cancelled. Before Musk started his ongoing crusade against the media, he said that Tesla had secured 455,000 net reservations out of 518,000 gross reservations as of August 2017, indicating roughly 63,000 cancellations.

Last year, Tesla was actively trying to “anti-sell” the Model 3 and convince customers to opt for a more expensive Model S or Model X.

Recode reports that the Californian carmaker admitted that delays had indeed impacted cancellations during its most recent earnings release.

“Delays in production in general and delays in availability of certain planned options, particularly dual motor AWD and the smaller battery pack [have resulted in cancellations],” the company said.

Living With The 2018 Lexus LC500h: Is The Hybrid Tech Really Worth It?

Lexus’ sultry grand touring coupe proves frugal at the pump.

Designer Imagines The Next Model In VW’s I.D. Range

If electric VWs look this good, we’ll forgive the brand for dieselgate.

Subaru’s New Entertainment System Has Two iPads For $970

A pair of Harman Kardon headphones complete Subaru’s entertainment system .

Jaguar Details 2019 I-Pace EV In 95 Images

The all-electric Jaguar I-Pace is finally here.

Jeremy Clarkson Caught On Street Helping Young Socialite After She Gets A Flat Tire

Jeremy Clarkson is also filming the Grand Tour season 3.

2019 Porsche Macan Facelift To Get Significant Power Boost, Base Model Could Have 300 HP

The facelifted Porsche Macan will debut later this year with an assortment of new and upgraded engines.

Skater Smashes Audi R8 V10 Windshield For Clickbait Views

We apologize for showing you an Audi R8 being intentionally damaged….

Nearly A Quarter Of Tesla Model 3 Reservations Cancelled In U.S.

Tesla Model 3 seems to be getting tired of waiting.

2019 BMW X5 (G05): This Is It, First Official Photos

Here’s our first look at the all-new 2019 BMW X5 before its world premiere this fall.

Toyota Tipped To Put The New Supra In NASCAR

The forthcoming new Supra could lend its face to Toyota’s NASCAR Xfinity Series stock car to replace the Camry.