Bad news – more of it – for our friend Elon.
A report just issued by the data analytics company, Second Measure, claims that Tesla is issuing refunds to people who put deposits down on the Model 3 faster than new marks – whoops, customers – are putting down deposits.
Second Measure bases its findings on credit/debit card purchases and claims that in April, Tesla refunded Model 3 deposits – $1,000 per – twice as fast as it took them in.
Since Tesla began taking “reservation” – more than two years ago – 23 percent of Model 3 depositors had their money refunded, the report states.
Tesla disputes the report, stating that net Model 3 reservations “remained stable” through the first quarter, and indicated that the cancellations were triggered by production and availability delays.
Second Measure contends that configurations are also growing. That they tripled in April from the year-earlier period.
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