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It is not going away, if you make over $500k jointly you will not get it.
There is a perception that every Tesla buyer is a fat cat who can afford to blow $100K on a car without much thought. In reality about 1/2 of Tesla owners stepped up from a car costing $50K or less and have much more modest incomes than other buyers of $100K cars. For some of us it's a major stretch to afford one. I need a car capable of road trips to California, which rules out any car with a range less than 200 miles and one with 400 would be ideal (I could get from here to the Bay Area with one recharging stop in a 400 mile car). I need to be able to get down to my father's in Morro Bay, CA and he'll likely be gone by the time the Model 3 is in production. He's almost 96 now.
I agree. I may not be poor, but I am also not a fat cat either. I currently drive a ML350 Bluetec with a lease ending in May 16. Yes, I can afford a 60K car, but I need some incentives to kick that amount to 80K.
I was told by someone at the Clean Vehicle Rebate Project, that it goes into effect 4-6 month after the California anual budget is approved. I originally though it was 4-6 months after the bill was signed in June.Okay now I'm confused - I thought the California $2,500 rebate went away in July for people above the income cap and that it was effective immediately. Now I'm reading that it won't kick in until 2016.