$7,500 federal tax credit for Tesla buyers to end Dec. 31

phys.org | 7/12/2018 | Staff
melanie7 (Posted by) Level 3
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Tesla Inc. says its customers won't get the full $7,500 federal electric vehicle tax credit after Dec. 31.

The company says on its website that the credit on its vehicles will start to phase out next year.

Law - Buyers - Credit - Manufacturer - Sales

Under federal law, buyers get the full credit until a manufacturer reaches 200,000 in sales since the start of 2010. Tesla buyers will get the $7,500 this year, then the credit is...
(Excerpt) Read more at: phys.org
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