Tesla promises all cars ordered by October 15th will qualify for $7,500 tax break

Tesla says all orders placed before October 15th will be delivered before the end of the year and qualify for the full $7,500 federal tax credit. But given the electric automaker’s well-publicized delivery problems, prospective car buyers may want to take that promise with a grain of salt.

Customers ordering after the end of the year won’t qualify for the full tax credit because Tesla crossed the 200,000 electric vehicle sales mark in July. Customers who take delivery of their cars between January 1st and June 30th, 2019, will only be eligible for a $3,750 credit. And customers who take delivery between July 1st and December 31st, 2019, will be offered $1,875. After that, the incentive is dead.

T…

Continue reading…

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s