Happy New Year: Tesla just lost access to its $7,500 electric vehicle tax credit. It’s not the electric carmaker’s fault—the federal legislation that created the tax credit only applies to the first 200,000 EVs sold by a given company, then halves the credit. But Tesla responded anyway, with a $2,000 price cut that might be better for consumers after all.
But what everyone is wondering is when they announce numbers soon will it turn out the Model 3 was the best selling luxury car of 2018? And if so, what does that mean for the competition?
Spies, discuss....
Read Article