In the weeks that followed, Tesla execs kept saying the reservations number is approaching 400,000 units, without revealing an exact figure.
More information has been made available since, and it looks like Tesla has some 373,000 Model 3 reservations, well below that 400,000 mark.
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According to Electrek, the number comes from Tesla s recent SEC filing for its new capital raise that s needed to finance the Model 3 production program.
Tesla said that as of May 15th, there are 373,000 Model 3 reservations after 8,000 reservations were canceled and Tesla removed 4,200, suspected to be duplicates from speculators.
If we wanted to, we believe that we could further increase the number of Model 3 reservations with minimal effort, but believe it is better to guide customers to purchase products currently in production.
Tesla wants to deliver up to 200,000 Model 3 by late 2017 and produce some 500,000 vehicles in the following year, including Model 3, Model S, and Model X.