Tesla Shows Model 3 Reservation Agreement

The intensity is building for Tesla’s Model 3 unveiling this Thursday, and shown ahead of time is the agreement prospective customers will be asked to sign when they make their reservation.

Reservations will cost $1,000 and guarantee a customer’s spot in line, but Tesla notes that it has “sole discretion” on order priority, and Tesla has also already publicly said that current Tesla customers will get first crack.

SEE ALSO: Tesla Model 3 Conjectured To Garner Over 100,000 Reservations Almost Immediately

The document is mostly standard legalese, but there are some things to note. For one, the agreement makes clear that it’s not a sales contract. Furthermore, the agreement has several sections saying that signees should understand that Tesla may not have yet started production at the time of reservation, and that signees should also be aware that the Model 3 might not be delivered in the fall of 2017.

SEE ALSO: Tesla Says Model 3 Will Be On Sale 2017 Alongside Chevy Bolt

Tesla will contact the reservation holder to begin the formal ordering process when the vehicle enters production.

Click to expand. Source: Tesla.

Click to expand. Source: Tesla.

A Florida address is at the bottom of the reservation, it’s unclear if Tesla will have separate contracts for each state or use this agreement for all.

The Model 3 is expected to be priced around $35,000 and have a range around 200 miles. Reservations will be taken beginning Thursday, and the vehicle will be unveiled Thursday night in Los Angeles.

Green Car Reports