Order A Tesla By Monday To Get Full $7,500 Tax Credit

Cars

Published on October 12th, 2018 |
by Paul Fosse

Order A Tesla By Monday To Get Full $7,500 Tax Credit

October 12th, 2018 by Paul Fosse

Tesla has put up a new note in its design studio. The note informs its customers that if they order any of Tesla’s three models (the Model 3, Model S, or Model X) by Monday, October 15, they will receive delivery by the end of the year and will thus be eligible for the full $7,500 tax credit.

In case you haven’t been following closely, Tesla delivered its 200,000th electric car in the US in July, which means the maximum federal tax credit for Tesla buyers will be reduced to $3,750 after the end of the year.

I see this note when accessing the design studio from my desktop browser (but I don’t see it from either Chrome or Safari on my iPhone for some reason):

Let us know in the comments if you see it on Android or other platforms.

Unless something changes with the federal tax credit, the tax credit for Tesla buyers will phase out next year and be gone in 2020 — unless legislation to extend and expand it is passed.

I wouldn’t bet on any extension passing right now, but with Democrats expected to take the House next year, this could be something that could be passed, as there are always deals made to get things in and with a divided government, the administration will need to compromise more to get spending bills passed. However, I don’t see Democrats making this a priority, but maybe I’m wrong.

So, if you’re on the fence about whether to order a Tesla, perhaps this will get you to make a decision to order by Monday!

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About the Author

Paul Fosse I've been a software engineer for over 30 years, first working on EDI software and more recently developing data warehouse systems in the telecommunications and healthcare industry. Along the way, I've also had the chance to help start a software consulting firm and do portfolio management for several investment trusts. In 2010, I took an interest in electric cars because gas was getting expensive. In 2015, I started reading CleanTechnica and took an interest in solar, mainly because it was a threat to my oil and gas investments in my investment trusts. Tesla investor.

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