$7,500 federal tax credit for Tesla buyers to end Dec. 31

Tesla customers have so far been able to avail the full $7,500 federal tax credit for electric cars but that’s going to change soon. Tesla has already delivered its 200,000th electric vehicle this month which has triggered a gradual phase-out of the tax credit for the company’s customers. Prospective customers could take advantage of the full $7,500 federal tax credit for electric cars before but that’s no longer going to be the case by January 1st because by then the tax credit amount would have been cut in half.Tesla’s website mentions that customers who take delivery of their electric car on or before December 31st, 2018 will get the full $7,500 credit. Starting January 1st, this amount will be halved and customers will only get a credit of $3,750. This will only be for six months because starting July 1st, 2019 the credit will be further halved to $1,875.Tesla has made the change on its vehicle incentives support page even though it hasn’t commented on whether or not the co

$7,500 federal tax credit for Tesla buyers to end Dec. 31

Tesla Inc. says its customers won't get the full $7,500 federal electric vehicle tax credit after Dec. 31.

Thu 12 Jul 18 from Phys.org

Tesla Hits 200,000 Sales: Countdown Starts for Lower Tax Credits, Then None

Tesla held sales under 200,000 until early this quarter, allowing thousands of additional buyers to get a $7,500 credit. It won't drop until January 2019. The post Tesla Hits 200,000 Sales: ...

Fri 13 Jul 18 from Extremetech

Tesla's $7,500 EV tax credits will soon disappear as the company surpasses 200,000 US deliveries

The primary reason for this development lies in car sales.The IRS' EV tax incentives were only ever intended to be a temporary measure.

Thu 12 Jul 18 from Techspot

Tesla Customers Will Soon Lose Federal Tax Credit For Electric cars

Tesla customers have so far been able to avail the full $7,500 federal tax credit for electric cars but that’s going to change soon. Tesla has already delivered its 200,000th electric ...

Thu 12 Jul 18 from Ubergizmo

Tesla hits 200,000 US sales, tax credit phase-out to commence - Roadshow

Everyone who wanted the $35,000 version is about to get boned. Sort of.

Thu 12 Jul 18 from CNET

Tesla sold 200,000 cars in the US, so the $7,500 tax credit is going away

The full incentive remains for 2018, but halves then halves again in 2019.

Thu 12 Jul 18 from Arstechnica

Tesla will be the first automaker to lose the federal tax credit for electric cars

The clock is officially ticking for Tesla buyers in the US to receive the full $7,500 federal tax credit for electric cars. Tesla delivered its 200,000th vehicle this month, the ...

Thu 12 Jul 18 from The Verge

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