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I wonder if taking pre-orders for the model 3 was a way for Tesla to lock up orders in anticipation of competition?

• Element_ 10y ago
  I thought the pre-order down payment was fully refundable.
  • mikeash 10y ago
    It is, so it's not really a "lock," but it'll get some people to wait if they have money in it. And it's also an easy way for Tesla to raise some money. They got $400+ million for "free" that way.