Approximately 63,000 would-be buyers have cancelled their orders for the Tesla Model 3, company CEO Elon Musk revealed during a quarterly earnings report, according to Fortune. This sees the order total fall from 518,000 to 455,000, but that will not hurt the US-based electric car maker too much – it has averaged around 1,800 new reservations for the Model 3 every day since last week.

The company can increase reservations for the Model 3 with little effort, but that won’t serve the company well, Musk said. “It’s like if you’re a restaurant and you’re serving hamburgers and there’s like an hour-and-a-half wait for hamburgers — do you really want to encourage more people to order more hamburgers?” he said.

A performance version of the smallest Tesla yet is due to surface next year, though the company’s efforts for the Model 3 are currently focused on delivering the cars. “Focus now is on getting out of Model 3 production hell. More versions = deeper in hell,” Musk stated via Twitter.

The Tesla Model 3 starts from US$35,000 (RM149,800), netting the buyer a fully electric car with a range of 354 km, with a 0-100 km/h time of 5.6 seconds and a top speed of 209 km/h. An extra US$9,000 (RM38,500) buys a long-range model which can stretch to 499 km, do 0-100 km/h in 5.1 seconds and top out at 225 km/h.

Charging will cost the Model 3 buyer in the US, whereas Model S and Model X owners have the first 400 kWh per year free of charge.

GALLERY: Tesla Model 3