From the contract: "No Cancellation. Once you execute this Agreement, the deposit in item 4.E above (if any) becomes nonrefundable (not to exceed $10,000), and this Agreement is binding and you may not cancel [...]. If you fail or refuse to accept delivery of the Vehicle, we may retain as liquidated damages any cash downpayment or deposit made by you, to the extend not prohibited by law. We may reimburse ourselves for any expenses and losses we incur or suffer as a result of your failure or refusal. Such expenses may include our reasonable attorneys' fees, reasonable collections fees, and court costs." My (IANAL) reading of this is that if all you gave them as a deposit was $5k, that's pretty much all you can lose. I don't think they necessarily would ask for more.
I didn't ask. But part of what I quoted above, where I had put the [...], was "We do not offer installment financing. This agreement is not conditioned on you obtaining financing from other sources."
Related threads (some more directly related than others...): Elon Musk: No Leasing program from Tesla in the first 12 Months If Tesla shipped your S today, could you pay for it? Bank of America financing Roadsters Model S Leasing?
Just received an email from Tesla announcing that Wells Fargo will be working together to provide financing for the Model S. The announcement goes on to state: 'While the relationship is not exclusive, Wells Fargo is the first financial institution to back financing for the Model S.' Being that this is the first official announcement of Model S financing from Tesla, I suspect if you rush out to your local Wells Fargo branch tomorrow, you may be greeted with blank stares as the person at the branch scrambles around to see if the above is indeed true...
This was an email pushed through their investor relations department. I signed up through the investors section of their website to receive announcements, so it wasn't pushed through the retail side of Tesla. No mention of leasing in the email.
The gist of the mail is the piece I quoted above. The rest is: Tesla is great, Model S is great, Wells Fargo is great - usual stuff for an investor mail. Seems like it's enabling financing for you to purchase but is not offering leasing yet.
You can read it in entirety on Tesla's Investors page: Tesla Motors and Wells Fargo Announce Retail Financing Relationship (NASDAQ:TSLA) While you're there, sign up for the investor emails.
In case this was a question: EU pricing comes this fall. With Tesla's unique interpretation of the Gregorian Calendar, that might be in November, though.