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Tesla Motors Inc. now holds about 373,000 reservations for the Model 3 electric car due late next year following customer cancellations of about 8,000 cars and 4,200 duplicates canceled by the company.

The numbers were reported as part of a Tesla filing to raise $1.4 billion in a share offering to pay for the accelerated launch of the car.

Company executives had previously indicated reservations totaling about 400,000, without giving an absolute number.



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Tesla Model 3 Preorders Settle In At 373,000 After 12,200 Cancel Orders

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