The clock is ticking, Spies.
Tesla surpassed its initial 200,000 units sold mark in the US market, which means that its $7,500 tax rebate is going to get gradually phased out. As of January 1, the rebate gets halved to only $3,750 per copy. As of July 1, the credit gets halved again.
For 2020? It's over.
Keep in mind: You have to take delivery on or before these dates. That's the way these tax credits work.
Today, a story ran in The New York Times discussing this major hurdle. Many of the experts believe that this tax credit being backed out will pose a great barrier of entry for soon-to-be Tesla owners. But given their track record related to Tesla, we've got to address the elephant in the room: Are these pundits and "experts" RIGHT or soon to be proven WRONG, again?
See what one Tesla Model 3 owner had to say about the phaseout:
...Dr. Rob Frank, a plastic surgeon from Oak Park, Ill., had been driving an Acura TL until the end of October, when his Model 3 arrived. While he loves the car’s acceleration, he said, it wasn’t just technology that drew him in.
“I like Elon’s vision for the company,” Dr. Frank said. “I like what he’s trying to do.” The tax credit, he added, had no impact on his buying decision...
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