Xminus6
Member
Current owner. Near the factory. Ordered first 20 minutes of online orders. Will likely get a highly optioned model. I'm pretty sure I'll get the Fed rebate.
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If the results so far really represent future Model 3 buyers then there are going to be a lot of disappointed people out there. Wonder if this will lead to a lot of cancellations.
Is there any chance that the $7500 Fed credit could be canceled? Could the power brokers twist some arms and delete this incentive?
The above conversations focused on no changes to the IRS laws in the next two years. Any bets?
I was thinking more along the lines that GM, Oil n Gas and others that WANT Tesla to fail could force a modification to the IRS rule.A large-scale terror attack against U.S. mainland just before the election may put a domino rally into effect that can cause this to be cancelled.
In that case, Trump becomes president + GOP gets super-majorities in both houses = "Climate-myth" incentives repealed.
Barring that, Clinton becomes president + congress is deadlocked = Tax credit won't get extended, but won't get cancelled.
I was thinking more along the lines that GM, Oil n Gas and others that WANT Tesla to fail could force a modification to the IRS rule.
Just how solid is a rule that has been in place for several years?
It's not just an IRS rule, it was an act of congress - the Emergency Economic Stabilization Act of 2008, sec. 205. You may know it better as the "financial bailout".
As such, it would require an act of congress to reverse, and either a President that will sign it or a veto-proof majority.
It's easier for Congress to just let this one run out - unless they repeal it as part of a sweeping "Climate Denial" policy package - which could totally happen. Tax solar cell imports and give tax breaks to Oil companies instead etc.
In my head I'm somewhere between "probably" and "maybe".
3/31 northern CA order at 1pm. Non-owner. Would be willing to spend up to about $55k if it seemed likely I'll receive the credit at ordering time.
I figure I might get a partial credit. I have some advantages (ordered first day, CA resident), but I doubt I will be buying a "P" model 3, and I will be skipping on the air suspension due to long term reliability concerns.
On the S and X, going with coil suspension pushed you back a ways.