Is my security deposit refundable?

In a word, yes. Your Tesla Model 3 or Y subscription requires a total security deposit of $500. It’s split into two payments and is completely refundable if you change your mind, or at the end of your subscription if no other amounts are due.

The first $100 is the reservation deposit, which secures your place in line. Then, once you’ve been qualified, the remaining $400 holds your vehicle and lets you schedule a pickup.

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