Elon Musk

Tesla has sold 200,000 electric vehicles in the US, Electrek first reported, which means its customers will start to lose access to a $7,500 tax credit.
Tesla confirmed it had passed the 200,000 vehicle threshold to Business Insider.
The credit will begin to phase out for Tesla customers in January 2019 and will no longer be available in January 2020.

Tesla has sold 200,000 electric vehicles in the US, Electrek first reported, which means its customers will start to lose access to a $7,500 tax credit.

Tesla confirmed it had passed the 200,000 vehicle threshold to Business Insider.

The federal government gives people who buy electric vehicles a tax credit between $2,500 and $7,500, depending on the vehicle’s size and battery capacity. As Tesla wrote in an annual report filed with the US Securities and Exchange Committee in February, its customers get the full $7,500. But two calendar quarters after a company sells its 200,000th electric vehicle in the US, the tax credit begins to phase out.

For the six months beginning in the second calendar quarter after the 200,000th vehicle is sold, customers are eligible for 50% of the credit. That falls …read more

Source:: Businessinsider – Technology

      

(Visited 4 times, 1 visits today)

Leave a Reply

Your email address will not be published. Required fields are marked *