Tesla’s reservation agreement for the next-generation Roadster makes clear that the car is still under development and that the company cannot guarantee when - or even if - reservations will result in deliveries. The agreement requires deposits up to $250,000 (matching the Founders Series price) but says that deposit only secures an approximate place in line if production happens. Estimated specs, features and pricing are tentative, full pricing will be set when customers are invited to configure cars, and Tesla currently estimates production beginning in 2028. The notice highlights the risk given Tesla’s history of delays and the fact the prior Roadster never reached production despite earlier deposits, even as Musk has promoted extreme performance targets like sub‑1‑second 0-60 times and other headline-grabbing features.
The contract also sets transactional specifics that matter to potential buyers: reservations are non‑transferable, but Tesla did not include the no‑resale clause used in some prior limited rollouts, meaning owners could resell delivered cars more freely. Crucially, reservations are fully refundable, so depositors can reclaim funds if the program stalls. The combination of a large upfront deposit, provisional pricing/specs, an only‑approximate queue position, and a refundable policy frames the offering as high‑risk/highly speculative rather than a firm purchase commitment.
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