24% of model 3 orders declined



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Tesla finally started producing enough model 3 – but an badyst says that many customers are becoming more and more impatient. And order refusals have increased in recent weeks, writes CNN.

The funds that come out of the business to repay customer deposits are now higher than the new ones, says Rievindra Gil of Needham & Co.

In a note to his clients Thursday, Gil quotes the deadlines increased waiting, the impending end of the $ 7500 tax credit in the United States and the fact that Tesla still does not release the basic model of $ 35,000

. ] About a quarter of model 3 orders is denied, Gil kava – doubled over a year ago. The lead time to execute the order of model 3 is between 4 months and a year, and those who want a basic model will have to wait until 2020.

Tesla spokesman said that the Analysis was wrong and that refusals did not exceed new orders. In addition, the company claims that the order time is already between 1 and 9 months

Gil suspects that Tesla will reach its target of 100,000 Model 3 by the end of the year – to achieve this, to deliver 27% more cars in the second half

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