How big of an impact will an immediate end to the $7,500 tax credit make on Tesla sales (S, X, 3)? Definitely didn't think we'd encounter this..
So IF this happens, let's see:
EPA shift to reduce science lead thinking
Trump's Coal prop-up
Trump's possible import tariffs on solar panels
GOP takes EV tax credit away
Hmmm.......I wonder what could be going on here.........
I'd cancel my two M3 reservations if the tax change was immediate. I'd wait for Gen2 of the M3, or M-Y.
I would like to say, the impact would be minimal, but
@Big Dog provides an interesting perspective.
The tipping point for us to go for the X, from our M3 reservation, was the 100D. From the beginning, when we placed our M3 reservation, I had no hopes of ever seeing the $7,500. I grabbed my wife’s hand as I jumped over the cliff reaching for the keys to our new MX ~ opps fob; my wife was very concerned about price tag.
I had to laugh the other day as my daughter handed me the keys to her 2006 Prius (handed down to our daughter), and asked if I remembered how to drive it. The real laugh was driving up a hill when my five year old grandson asked me if I remembered how to drive the Prius:-( Part of my point is that we only got about half of the tax incentive on that 2006 Prius and I lived to talk about it. When we bought our 2010 Prius, there was no tax incentive ~ we were satisfied with the first one.
The bigger point is that people that really care about the environment, new technology, alternative fuel vehicles or anti-establishment will buy the Tesla vehicle regardless of the incentive. Some people buying the current EVs are doing so because it meets their range, comfort and price requirements. Some are using the current EV as a placeholder for the Model 3.
The fossil fuel crushed the SolarWorld twice in history and they are trying, trying to do it once again. However, this time the people as a whole are better educated and people like me are already doing their damnedest to counter balance things.
This is not the only law impacting Tesla, just ask a Texan about their right to purchase a Tesla MS, MX, or an M3 online.
I also think, with laws like Texas, they will drive up sales; because the people will want the experience and defy the man.
And, unlike Texas, some states already have tax incentives for EV car purchases. Unfortunately Washington is not one of them:-(
History may prove me right, read about our prohibition era.