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Tesla will be the first automaker to lose the federal tax credit for electric cars

“The clock is officially ticking for Tesla buyers in the US to receive the full $7,500 federal tax credit for electric cars” writes Jul Edt for theverge.com. Tesla delivered its 200,000th vehicle this month, the company confirmed to Jalopnik, which means a slow phase-out of the tax credit has begun.Whatever the case, the full tax credit will be around for six more months.Tesla very nearly reached the milestone of 200,000 cars delivered in June, which would have shrunk the credit even faster It’s also not clear how close Tesla came to threading this needle.And customers who take delivery of their cars between July 1st and December 31st, 2019, will be offered just $1,875.
 
Source: theverge.com



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