Buyers who confirm won’t immediately get a specific delivery date, but Tesla’s email says delivery could happen “in as soon as 2-4 months.” Tesla typically schedules delivery or pickup appointments within two weeks of the date they expect to deliver a Model 3 to a customer.
The company has not yet manufactured a base-model version of the Model 3, which it has promised to sell for $35,000. Instead, it’s produced versions with premium features, such as longer range, a higher top speed and all-wheel drive, which cost between $49,000 and $72,000.
Reservation holders who do not want the higher-end versions can hang tight, or request a refund.
In a first-quarter shareholders letter Tesla said, “Model 3 net reservations including configured orders that had not yet been delivered continued to exceed 450,000 at the end of q1.”
Among others, Goldman Sachs is skeptical that Tesla can make good on all of its ambitions near term. This week, the firm issued a note reiterating a sell rating on Tesla’s stock, recapping the company’s history of missed production goals and noting that investors are beginning to focus not on short-term bursts of vehicle production, but on: sustainable, high volume manufacturing; vehicle profit margins; and whether or not Tesla can get customers to buy its highest-priced cars.
A customer forwarded Tesla’s e-mail to Model 3 reservation holders. Here’s what it says:
From: Tesla BuildMyModel3@tesla.com
Subj.: Your Model 3 is Ready to Order
You can now design and order your Model 3. As we continue to add new options, we recently introduced Model 3 Performance — with an even faster acceleration: from zero to 60 mp in 3.5 seconds. Model 3 Performance also comes with dual motor all-wheel drive and every premium option available: 20″ Performance Wheels, performance brake calipers, Premium White Interior and a carbon fiber spoiler for improved aerodynamics. Design and order your Model 3 today for delivery in as soon as 2-4 months.