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
Start a Discussionhttps://teslamotorsclub.com/tmc/tags/

Tax Incentives

Discussion in 'Model X' started by dragonxt, Nov 2, 2016.

Tags:
  1. dragonxt

    dragonxt Active Member

    Joined:
    Oct 26, 2016
    Messages:
    330
    Location:
    Bay Area
    Whats the latest projection on when the federal tax credit goes down from 7,500 USD?
     
  2. gearchruncher

    gearchruncher Member

    Joined:
    Sep 20, 2016
    Messages:
    472
    Location:
    Seattle, WA
    Sometime in 2018. They have delivered less than 100K of the 200K cars required in the USA, so it will likely not happen until the Model 3 is shipping in quantity. Even then, you have a quarter after the 200K car is sold to get the full credit.
     
  3. Patrick0101

    Patrick0101 Member

    Joined:
    Jun 11, 2009
    Messages:
    119
    Location:
    Oregon
    Tesla recently crossed 122k US sales. The rate of the Model 3 ramp in the 2nd half of this year will have a big impact on how quickly they get to 200k from here. Looking at the trend, my current estimate is Q2 2018, which means the full $7500 incentive would last until the end of Sept'18.
    [​IMG]
    If Model 3 ramp goes faster than this estimate, then the date will pull in 3 or 6 months, but people will get their Model 3s sooner.

    I plan to update this when the Q2 sales data is released.
    All of my reasoning is in the link below:
    Will You Get The $7500 Federal Incentive For Your Model 3?
     
    • Helpful x 1

Share This Page