Unfortunately there's no way to know what the net reservation rate is (i.e., new reservations minus dropped reservations). My guess is that the pricing/options announcement will have three effects:
- Cancellations from those who now realize they can't afford the Model S they want;
- Decline in new reservations from people looking to get a $50k high-end EV; and
- Increase in reservations from people looking to buy a $70k-$100k premium vehicle.