Report: Tesla Model 3 receives strong bookings but 23% reservations cancelled
According to a new report coming via Second Measure, Tesla Model 3 reservations have been witnessing an incredible increase in recent times, but nearly 23% of the vehicle’s reservations have apparently been refunded by the automaker.
As per the report which draws attention to the brisk pace of Model 3 reservations as well as some cancellations, the Model 3 reservations which have been refunded by Tesla Motors have largely been a result of the production delays and unavailability of the vehicle’s less expensive versions.
Since Second Measure chiefly analyzes billions of anonymized purchases from credit and debit cards, the report basically attempts to quantify the number of Tesla Model 3 cancellations, by disclosing that Tesla has refunded nearly one-fourth the vehicle’s reservations thus far.
The report via Second Measure said that nearly “23 percent of deposits have been refunded” by Tesla since the beginning of Model 3 reservations. The report also asserted that Model 3 has been facing “a series of production delays,” with the result that “not all depositors have stuck out the wait.”
Second Measure has further claimed that its analysis about Model 3 reservations and cancellations aligns with the figures officially reported by Tesla, and added in the report: “Only Tesla knows how many additional customers have cancelled reservations and are still awaiting refunds.”
According to a recent disclosure by Mitsubishi Motors, the company’s new 2019 Outlander PHEV -- a plug-in hybrid SUV -- will come with some noteworthy upgrades, including a ‘slight increase in battery capacity, in order to enhance the range of the
US electric vehicle maker Tesla Motors has released some new footage this week, showing that the first prototypes of the company’s Tesla Semi electric truck are presently in their test program, before the electric truck hits production.
According to a recent confirmation by Swedish automaker Volvo’s design chief Thomas Ingenlath, the first fully electric car to be launched by the brand will be an electric version of the XC40.
Tesla electric vehicle owners will now be able to remotely limit the speed of their vehicles, thanks to a new mobile app update which is being released by the automaker alongside a vehicle software update.
In a recent announcement, Daimler has revealed that its Mercedes-Benz Energy subsidiary and partners have converted a recently-shuttered coal power plant into a massive energy storage facility, with the help of more than one thousand modules from
In Ontario, the incoming Progressive Conservatives government will phase out an existing electric-vehicle rebate program, under which rebates of up to $14,000 are available to consumers on the purchase of electric vehicles (EVs).