Tesla’s Earnings Indicate Some Customer Cancellations(dealbook.nytimes.com)
dealbook.nytimes.com
Tesla’s Earnings Indicate Some Customer Cancellations
http://dealbook.nytimes.com/2013/02/20/teslas-earnings-indicate-some-customer-cancellations/
2 comments
For the first time ever, I saw the "nytimes.com" URL and had a bad feeling.
"(Update: The Tesla spokeswoman Shanna Hendriks later said the company had 1,500 cancellations in the fourth quarter). Many customers were in line but pulled out when it became time to make a substantial down payment in cash."
I'd imagine this is fairly standard for reservations of any product that don't require purchase, it only remains to ask whether this is more than one might expect, and if so, whether it's related to the "cold weather" debacle. That certainly seems to be the implication here.