Tesla vehicles ordered after October 15 lose out on full tax credit eligibility

TechCrunch | 10/12/2018 | Staff
tictac399 (Posted by) Level 3
Click For Photo: https://techcrunch.com/wp-content/uploads/2017/06/tesla-model-3-red_1.jpg?w=460

Tesla customers who want the full $7,500 federal tax credit have until October 15 to order a Model S, Model X or Model 3 electric vehicle, a new deadline posted on the company’s website that could spark a flurry of sales.

The October 15 deadline was added Thursday to the Tesla website.

Year - Tesla - Bittersweet - Milestone - Vehicle

Earlier this year, Tesla hit a bittersweet milestone when it delivered its 200,000th electric vehicle. The achievement — a noteworthy occasion for an automaker that didn’t exist 15 years ago — activated a countdown for the $7,500 federal tax credit offered to consumers who buy new electric vehicles.

The tax credit begins to phase out once a manufacturer has sold 200,000 qualifying vehicles in the U.S. Under these rules, Tesla customers have to take delivery of their new...
(Excerpt) Read more at: TechCrunch
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!