Tesla’s Model 3 is still about 18 months from production, but the Silicon Valley automaker has already lined up an enviable order book, the ever-ebullient CEO Elon Musk declaring it, “the biggest one-week launch of any product ever.”
But there have been some questions raised about Tesla’s claims. For one thing, potential buyers have been plunking down $1,000 refundable reservations, not orders. They’ve still got plenty of time to decide if they actually will purchase one of the compact battery-electric vehicles once they finally begin rolling off Tesla’s Fremont, California assembly line.
And are consumers really the ones making these reservations? Or are speculators and others who really have no intention of ever taking delivery of a Model 3 inflating the list?