Despite Tesla Model 3 Cancellations, Backlog To Fill Current/New Orders At 18 Months Or More

1 month ago by Anthony Karr 14

Tesla Model 3

If you order today, your car will be delivered in 12 to 18 months.

Tesla already started deliveries of its most-affordable model to day during a special event late last month. Only 30 customers received their new Model 3s, as production is very slow at the moment. The Californian company promises that it “will grow exponentially until we achieve full production,” but, still, if you order a car today, you won’t get it for 12 to 18 months.

Tesla Model 3

Tesla Model 3

Apparently, that’s too much time for some customers and they have cancelled their pre-orders. During Tesla’s quarterly earnings call, Tesla CEO Elon Musk revealed some 63,000 Model 3 orders have been cancelled. The total reservations for the electric sedan, Recode quotes Musk, went from approximately 518,000 to 455,000.

“Those cancellations occurred over the course of more than a year,” Musk revealed. “I think [these numbers] are inconsequential. With a small amount of effort we can easily drive the Model 3 reservation number to something much higher but there’s no point. It’s like if you’re a restaurant and you’re serving hamburgers and there’s like an hour and a half wait for hamburgers, do you really want to encourage more people to order more hamburgers?”

By the end of the year, Tesla plans to produce about 5,000 units of the EV every week. That number will rise to 10,000 examples weekly by early next year.

“When I said ‘manufacturing hell,’ I meant it,” Musk added. “We know this, we signed up for it. Not blaming hell because we bought the ticket. This is maybe the best I’ve ever felt about Tesla, to be frank.”

Next year, during the first three months, Tesla will also start manufacturing the all-wheel drive version of the car. In the second half of 2018, the manufacturer will begin deliveries to markets outside the United States. Right-hand drive models will be assembled starting 2019.

Source: Recode

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16 responses to "Despite Tesla Model 3 Cancellations, Backlog To Fill Current/New Orders At 18 Months Or More"

  1. So: “In the second half of 2018, the manufacturer will begin deliveries to markets outside the United States.”, means us anxious Canadians won’t be getting our Model 3’s for about a year from now, inspite of lining up early on March 31st, 2016!

    Oh well, more time for Tesla to refine details on the production process, add the Second Motor, upgrade the included software – for Autopilot and the UI (Ussr Interface), and maybe announce the promised Towing Capacity!

    Also gives me more time to clean up some outstanding bills, in preparation for acquiring the Model 3! Good news all around, if I am patient! Plus, Canadian $ has a bit more time to get back closer to Par on US$, reducing resulting cost here!

    1. Nix says:

      Tesla had told everybody that the rollout would start with California, with employees and current Tesla owners getting preferential delivery slots. People even asked if they could goto California to put in their reservation to get at the front of the line (answer: no).

      So everybody in line should have already known this would happen before they ever got in line.

  2. Brian says:

    So the same amount of time to get a refund? Gottem!

  3. Mister G says:

    We need more cancellations so that I can get model 3 sooner..CANCEL CANCEL CANCEL

  4. Stimpy says:

    I really really doubt anyone ordering a 3 today would get it in 12 months, excluding those with a special privilege (current Telsa owners).

    That doesn’t make sense as some that already have a reservation have estimated delivery dates of mid-2018. I don’t see how both can be true.

    1. ModernMarvelFan says:

      You are going to have to wait for 12 months anyway if you want the D version.

  5. Four Electrics says:

    Predicting M3 deliveries given the disasterous X launch is a laughable exercise.

    1. Pushmi-Pullyu says:

      ROTFL!

      Dude, are you still trying to short-sell Tesla stock?

      What a loser!

    2. Nix says:

      Why? Are you worried about the Falcon Wing doors on the Model 3?

  6. TM says:

    Honestly, I lined up in March also, but I’d prefer to let them get a full 1-2 yrs of manufacturing under the belt before taking delivery.

    1. Nix says:

      That’s easy, just tell them you are waiting for AWD. That will delay things until about a year from now.

  7. speculawyer says:

    It is a lot of guesswork….who knows how long it will take to get the production system up & running smoothly, who knows how many new orders come in, who knows if there will be shortages of any parts, who knows if another great product comes along (looks unlikely), etc.

  8. Asak says:

    I don’t see how if there are that many deposits they expect people ordering now will get them in 18 months. That is unless they’re counting on a lot more cancellations over the next year.

  9. Phr≡d says:

    “Apparently, that’s too much time for some customers and they have cancelled their pre-orders”

    or maybe other reasons..

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