I'm confused and hoping someone here and help clear up. We are looking into the Model X, and we own a S Corp. We would like to take advantage of the $7500 federal credit and also the hummer credit. Does the car has to be under the company's in order to take advantage of the hummer credit? Since S Corp does not pay any taxes, and everything flows through to the owner's personal return, how does the $7500 credit work when the car is under the business's name? I just want to make sure I'm doing this correctly putting the car either under personal or business name and avoid any surprises only comes tax time. Thanks in advance!!