Updated Jul 21, 2018

Tesla pushes back against reports on Model 3 cancellations

Elon Musk speaking at a conference. Photo: Mark Brake/Getty Images

Customers have been cancelling orders on Tesla's Model 3 car as production ramped up — which Elon Musk promised. However, the company refuted those claims in a statement to Axios explaining that despite reports, Model 3 reservation counts were still near 420,000 at the end of the second quarter and nearly 30,000 vehicles have been delivered.

The big picture: The report claims customers are canceling their orders for a handful of reasons including extended wait times, the expiration of a $7,500 tax credit on the cars customers were promised, and the fact that the base $35,000 model of the car is not yet available for purchase. Tesla is saying these figures are incorrect.

On Twitter, Musk said the company added 7,000 new orders.

  • The company also said that customers can still expect the $7,500 tax credit with the vehicle, as it doesn't expire until January 2019.

Editors note: This post has been updated to reflect a statement from Tesla on the Model 3

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Photo Illustration: Sarah Grillo/Axios. Photos: Noam Galai, Jamie McCarthy, Josep Lago/AFP, Alfredo Estrella/AFP, and Narayan Maharjan/NurPhoto, all via Getty Images

  1. Global: Total confirmed cases as of 5 a.m. ET: 6,181,781 — Total deaths: 372,136— Total recoveries — 2,646,874Map.
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  5. Economy: What U.S. workplaces may look like next — Both part of America's unfinished businessFuture of mobility in post-pandemic world.
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Your guide to comparing climate change and coronavirus

Illustration: Eniola Odetunde/Axios

Climate change and the coronavirus have a lot more in common than the letter C, but their differences explain society’s divergent responses to each.

Why it matters: The Internet is full of comparisons, some from biased perspectives. I'm going to try to cut through the noise to help discerning readers looking for objective information.