Acknowledgments. You understand that Tesla Motors, Inc. may not have completed the development of the Model X or begun manufacturing the Model X at the time of your reservation. You also acknowledge that, if you purchase a Model X, the Model X may not be delivered to you until 2014 or later. We will not hold your Reservation Payment separately or in an escrow or trust fund or pay any interest on Reservation Payments, except to the extent required by law.
Acknowledgments. You understand that Tesla Motors, Inc. may not have completed the development of the Model S or begun manufacturing the Model S at the time of your reservation. You also acknowledge that, if you purchase a Model S, the Model S may not be delivered to you until the end of 2012 or later. We will not hold your Reservation Payment separately or in an escrow or trust fund or pay any interest on Reservation Payments, except to the extent required by law.