US Federal $7,500 Electric Vehicle Credit Expiry Date By Automaker

[electracity]

The tax credit certainly has some impact on demand. Even small product discounts are proven to stimulate demand.

Musk has mentioned the model Y and now a lower priced car - the model 2. Both are demand simulators. Tesla intends to aggressively build capacity into a world of decreasing EV discounts. They certainly carefully consider the implications of an expiring tax credit in the U.S.

 

[dhanson865]

LOL.


Be honest: it’s not a discount. It’s not a Costco rebate-taken-at-the-register. It’s a credit against tax liability claimable the next year. Everyone pays retail for a Tesla, no exceptions.

not just claimable next year, If you have a steady income you can change your withholdings and get that money back in a few months instead of waiting a year. The end of year is when you balance it all out. You can withhold or not withhold that much until then.

 

[juliusa]

I'm hoping there will be a lot of very happy Canadians receiving their Model 3 in June. Surely there are enough Canada orders to fill Tesla's dance card for June. If they keep in under 200,000 that would give another whole quarter of US deliveries to get subsidized by taxpayers.

 

[dennis_d]

Unless they stopped deliveries in all other states but CA, San Francisco delivery center is fully booked by current deliveries.

 

[whataboutbob]

not just claimable next year, If you have a steady income you can change your withholdings and get that money back in a few months instead of waiting a year. The end of year is when you balance it all out. You can withhold or not withhold that much until then.

Even better, you can change the withholdings before buying the car, if you anticipate taking delivery in the same tax year.

 

[SW2Fiddler]

Hey Elon,
Wouldn’t a tally ticker be fun?

There can be (July) fireworks when it reaches 200000 (in July).

A strong gesture of transparency.

 

[grashelm]

The tax credit certainly has some impact on demand. Even small product discounts are proven to stimulate demand.

Musk has mentioned the model Y and now a lower priced car - the model 2. Both are demand simulators. Tesla intends to aggressively build capacity into a world of decreasing EV discounts. They certainly carefully consider the implications of an expiring tax credit in the U.S.

Hello...can you point me to this Model 2 announcement? My google must be broken because I can find no such mention.

 

[Zoomit]

Hello...can you point me to this Model 2 announcement? My google must be broken because I can find no such mention.

There is no "Model 2" announcement. However, at the annual shareholders meeting Elon mentioned that a cheaper car than the Model 3 would come out in ~5 years.

 

[Troy916]

There is no "Model 2" announcement. However, at the annual shareholders meeting Elon mentioned that a cheaper car than the Model 3 would come out in ~5 years.

Actually he said a "compact car in less than 5 years" in response to a question about doing a sub-compact or compact car. There was no mention of price.

 

[Zoomit]

Indeed, “compact”

 

[Daniel in SD]

I'm hoping there will be a lot of very happy Canadians receiving their Model 3 in June. Surely there are enough Canada orders to fill Tesla's dance card for June. If they keep in under 200,000 that would give another whole quarter of US deliveries to get subsidized by taxpayers.

There are only 10 Tesla stores in Canada. How many cars could they deliver in one month? 40 a day * 10 * 30 days = 12,000. I guess that's possible.
I'm getting a little worried I'm going to be paying an extra $3750 for AWD. Oh well. My estimate still says Mid 2018. Hopefully that means September.

 

[MP3Mike]

How many cars could they deliver in one month? 40 a day * 10 * 30 days = 12,000.

Rumor is that they are doing ~200 Model 3 deliveries a day at a single temporary location in Ontario...

 

[Daniel in SD]

Rumor was they are doing ~200 Model 3 deliveries a day at a single temporary location in Ontario...

Wow. The thing is they're still delivering Model 3s to the US. People who got the delay email are getting their cars. It's going to be nail biter.

 

[FlatSix911]

Yes, it's going to down to the wire ... three weeks remain in June for deliveries

 

[mongo]

Rumor is that they are doing ~200 Model 3 deliveries a day at a single temporary location in Ontario...

Here is the Ontario thread:
International Centre delivery experiences

 

[gilscales]

Are Tesla Model 3 Deliveries Finally Ramping Up?

Does this mean Tesla goes over 200k U.S. deliveries before July?

 

[kengchang]

Are Tesla Model 3 Deliveries Finally Ramping Up?

Does this mean Tesla goes over 200k U.S. deliveries before July?

No, Tesla is withholding in the US

 

[avarkey]

According to the report the tracking wad done in 20 US Tesla sales centers. If this is true , it can go over 200k US.S deliveries.

 

[kengchang]

According to the report the tracking wad done in 20 US Tesla sales centers. If this is true , it can go over 200k US.S deliveries.

Tesla only did 8180 Model 3 last quarter with 2040 in transit to customer and the analyst is expecting 30K delivered this quarter? I don't think Tesla made more than 30K Model 3 this quarter as of now.

 

[FlatSix911]

Tesla only did 8180 Model 3 last quarter with 2040 in transit to customer and the analyst is expecting 30K delivered this quarter? I don't think Tesla made more than 30K Model 3 this quarter as of now.

Take another look at the Model 3 ramp in 2Q18 ... the trend indicates over 6,000 deliveries based on a survey of US locations