Elon Musk Says Tesla To Pay Customers For Missed Tax Credits

www.oann.com | 12/23/2018 | Staff
k.collazi (Posted by) Level 3
(Reuters) – Tesla Inc chief executive Elon Musk said the electric car company will reimburse customers if delays to car deliveries cause them to miss out on a significant tax credit.

Under a major tax overhaul passed by the Republican-controlled U.S. Congress late last year, incentives in the way of tax credits that lower the cost of electric vehicles are available for the first 200,000 such vehicles sold by an automaker. The tax credit is then reduced by 50 percent every six months until it phases out.

Year - Tesla - Orders - Cars - Oct

Earlier this year, Tesla said orders for cars placed by Oct. 15 would be eligible for the full tax credit of $7,500 and that customers would receive their cars by the end of the year. From Jan....
(Excerpt) Read more at: www.oann.com
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