Finance
Tesla customers have until October 15 to get full $7,500 tax credit
- Tesla customers must order their vehicles by October 15 to guarantee access to the full $7,500 tax credit offered by the US government to electric vehicle buyers, according to Tesla’s website.
- The website indicates that customers who place their orders by October 15 will guarantee delivery by December 31, after which the credit begins to expire.
- Tesla did not respond for a request for comment on how likely customers who place orders after October 15 are to receive delivery by the end of the year.
Tesla customers must order their vehicles by October 15 to guarantee access to the full $7,500 tax credit offered by the US government to electric vehicle buyers, according to Tesla’s website. The website indicates that customers who place their orders by October 15 will guarantee delivery by December 31, after which the credit begins to expire.
Tesla did not respond for a request for comment on how likely customers who place orders after October 15 are to receive delivery by the end of the year.
The US government gives people who buy electric vehicles a tax credit of $2,500 to $7,500, depending on the vehicle’s size and battery capacity. As Tesla wrote in an annual report filed with the US Securities and Exchange Committee in February, its customers get the full $7,500. But two calendar quarters after a company sells its 200,000th electric vehicle in the US, the tax credit begins to phase out. Tesla confirmed to Business Insider in July that it had passed the 200,000-vehicle threshold.
Tesla customers who take delivery between January 1 and June 30, 2019, will receive a $3,750 tax credit and those who take delivery between July 1 and December 31, 2019, will receive $1,875. Customers who take delivery beginning in 2020 will not receive a federal tax credit.
Get the latest Tesla stock price here.
-
Business7 days ago
London’s first defense tech hackathon brings Ukraine war closer to the city’s startups
-
Entertainment7 days ago
Mark Zuckerberg has found a new sense of style. Why?
-
Business6 days ago
Humanoid robots are learning to fall well
-
Entertainment6 days ago
2024 summer TV preview: 33 TV shows to watch this summer
-
Business5 days ago
Google Gemini: Everything you need to know about the new generative AI platform
-
Entertainment5 days ago
‘Bridgerton’: Everything you need to remember before Season 3
-
Business3 days ago
Haun Ventures is riding the bitcoin high
-
Entertainment3 days ago
Hands-on with the Claude AI app: It’s pleasant to use, but janky