GREEN CARS

Federal tax credit on Tesla models set to ratchet down again July 1

Posted By Green Car Reports
Date Friday, 28 June 2019, at 10:00 a.m.
2018 Tesla Model S and 2018 Tesla Model XBuyers who want to buy a Tesla have only a few days to take delivery if they want to earn a federal tax credit of $3,750 after they buy. Tesla is in the midst of the phase-out of its federal tax credit after it reported selling a cumulative total of 200,000 cars last July. The $1,875 credit on Teslas will last from July 1 to December 31, before...

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