Took a long time to catch up on the thread, but many pages back some of you were talking about maybe going on hold in hopes of the tax credit being back. I’m not holding my breath on it getting passed but if it does the original proposed bill had this wording:
“
1. Eliminates the 200,000 cap on cars eligible for tax credits for cars bought after May 24, 2021.
As of now, only GM and Tesla have reached 200,000 EVs produced. GM and Tesla were thus no longer eligible for the EV tax credit, so both companies stand to benefit.
This cap is eliminated retroactively for vehicles sold after May 24, 2021 (
Chairman's Mark, p. 30). This means that any cars sold by GM and Tesla after May 24, 2021 will be eligible for up to a $7,500 tax credit. In sum: the 200,000 cap removal would be retroactive and applied to Tesla cars bought after May 24, 2021. A $7,500 tax credit would apply to 2021 taxes that are filed in 2022, so buyers would receive the credit when they file taxes in 2022.”
So if this wording is still in play AND it gets passed, you would still get a $7500 tax credit, if you took delivery after 5/24. Granted you would not get the additional $2500 for being an American company that kicks in 1/1/2022.