If Romney gets elected it is very possible he will move to kill the $7500 EV tax credit and perhaps quite quickly. This raises several questions: How soon could it be rescinded, i.e. when is the earliest in 2013 cars put into service would no longer qualify? If the law is passed mid-year could it be made retroactive to Jan 1? (Any tax law scholars out there?) How would elimination of the tax credit affect future buyers of Model S? What about those who have now configured but will not receive their car till 2013? Personally I have already been thinking about what options I might drop. How would this affect pricing of GenIII? A $7500 credit has likely been assumed for the base price to be around $30,000. Full price of $37,500 is 25% more expensive and not nearly as affordable for the main stream buyer. Would GenIII still be a main stream car? How would elimination of the $7500 tax credit affect Tesla's viability as a company? Killing the tax credit effectively raises the prices overnight of all Model S cars sold in the US from between roughly 8 and 13%. That is a meaningful amount for many buyers. Perhaps the number of orders for fully optioned 85 kwh cars would not be greatly affected but the tax credit is a significant percentage of the cost of 40 kwh and 60 kwh cars and it seems fewer of those would be sold. Would Tesla lower their prices and take less than 25% profit on their cars? Would they concentrate more of their marketing on non-US markets more favorable to EVs? This has all been quite concerning to me as Romney has risen in the polls. I cannot see how his election would be beneficial for the EV movement or Tesla specifically, both things dear to my heart. I'm very curious what others think the effects of losing the $7500 US credit would be. Please do not turn this to turn into a political thread. Just objectively, what do you think the repercussions of losing the tax credit would be?