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Tesla hit the threshold in 2018 and the federal tax credit for its buyers completely phased out over the next 2 years.
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Tesla model x weight tax credit. In 20182019 highest tax credit you could get was 3750. Today january 1 2020 with the beginning of a new quarter there is no federal tax credit available for new tesla cars sold in the us. With only a few electric options ford still hasnt reached its 200000.
Tesla has actually hit their 200000 are delivered in the us so this tax credit is going to begin to its phase out period. It was 1875 for cars delivered by the end of 2019. Thats when the 7500 credit was cut in half to 3750 and it stayed there until june 30.
Its a tax credit it doesnt reduce the price of the car and you may not be eligible for the full thing. The federal ev tax credit is the first to run out for electric carmaker tesla on dec.
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