TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC

Model Y and federal tax credit

Discussion in 'Model Y' started by Yakaway, May 17, 2019.

  1. Yakaway

    Yakaway Member

    Joined:
    May 16, 2019
    Messages:
    5
    Location:
    Usa
    Will the model Y qualify for the full federal tax credit?
     
  2. Zoomit

    Zoomit Active Member

    Joined:
    Sep 1, 2015
    Messages:
    1,430
    Location:
    SoCal
    It’s based on manufacturer, not model, and will be gone by Model Y production.
     
    • Like x 1
  3. 11thIndian

    11thIndian Member

    Joined:
    Jan 3, 2017
    Messages:
    286
    Location:
    San Jose, CA
    The Federal Tax credit will have run out by the end of this year. So unless something changes it will only be state incentives.
     
  4. Snow Drift

    Snow Drift Slip Start: [Activated]

    Joined:
    Feb 10, 2016
    Messages:
    1,390
    Location:
    Long Island
    Hopefully they will extend the credit to more cars per manufacturer. If not, GM, Tesla and soon Ford, will be at a disadvantage to foreign OEMs.
     
    • Like x 1
  5. SoCalDude

    SoCalDude Member

    Joined:
    Apr 21, 2018
    Messages:
    130
    Location:
    Irvine, California
    Maybe the 25% tariff on imports can be used for rebates on US EVs. :p
     
    • Like x 1
  6. SaveOurPlanet

    SaveOurPlanet Member

    Joined:
    Jan 6, 2018
    Messages:
    66
    Location:
    San Francisco
    You have no clue, do you? Tariffs make the targeted imports more expensive, the money does not go to the government for spending. I wear Italian and drink French, I hardly buy things made in China and I do not feel sorry for all those poor idiots that voted the devils in office, those Walmart customers will pay more.
     
    • Disagree x 1
  7. mediaboy

    mediaboy Member

    Joined:
    Apr 26, 2019
    Messages:
    12
    Location:
    Durham, NC
    Where do you think the money goes? The tooth fairy? Tariffs are a tax the consumer pays for certain imported goods . The money absolutely goes to the government like all tax dollars do. What they do with it is another story.

    Climb down off of your high horse before posting something like this.
     
    • Like x 1
  8. Thunder7ga

    Thunder7ga Member

    Joined:
    May 20, 2018
    Messages:
    218
    Location:
    Johns Creek, GA
  9. ElectricLee

    ElectricLee Member

    Joined:
    Mar 2, 2019
    Messages:
    286
    Location:
    San Jose
    Let’s hope they approve an extended Federal Tax credit of $7500 for all until a date such as 2024. $3750 for tax years 2025-26. That should be fair sales for US buyers and from all auto manufactures sold in the US. Then require only new zero emission autos sold after 2050.

    Bonus, add a $5000 Tax credit for Level 5 FSD until 2030 for all makers and buyers in US.
     
  10. mazers

    mazers Member

    Joined:
    Aug 14, 2018
    Messages:
    45
    Location:
    Maryland
    I'd like to see the US Federal tax credit extended for cars built in the US by US companies. That would be a win-win for both US companies, US workers, and US buyers.
     

Share This Page

  • About Us

    Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.
  • Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


    SUPPORT TMC