You can bequeath your place on Tesla’s waitlist

Tesla Model 3
Tesla Model 3

Last week we reported on cast iron skillets being the new heirloom du jour.

This week? It’s the Tesla.

According to Bloomberg, there are more than 300,000 people in line for a Tesla Model 3 – the newest car from Tesla Motors Inc., which isn’t set to begin shipping until late 2017 -and it stands to reason that at least one of them is going to die before getting their hands on that electric steering wheel.

All hopeful Tesla owners of the future will have coughed up a refundable $1,000 deposit to hold a place on Tesla’s waitlist, and in doing so will have agreed to a contract that explicitly blocks transfers to another buyer.

But if they die?

The company is reportedly prepared to accommodate an heir, regardless of the contract. “The $1,000 reservation would be refunded, or a spouse or close family member could keep the reservation,” a Tesla spokeswoman explained to Bloomberg. [Bloomberg]