Tesla to deliver new Model 3 orders by year end



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Tesla Inc Chief Executive Elon Musk said on Thursday that Model 3s ordered in the United States by the end of this month will be delivered by Dec. 31, as the electric carmaker tries to take advantage of tax breaks.

FILE PHOTO - Tesla and SpaceX CEO Musk speaks in a "fireside chat" at the NLC 2018 City S

FILE PHOTO – Tesla and SpaceX CEO Elon Musk speaks in a “fireside chat” at the National League of Cities (NLC) 2018 City Summit in Los Angeles, California, U.S. November 8, 2018. REUTERS/Kyle Grillot

REUTERS: Tesla Inc Chief Executive Elon Musk said on Thursday that Model 3s ordered in the United States by the end of this month will be delivered by Dec. 31, as the electric carmaker tries to take advantage of tax breaks.

“Tesla just acquired trucking capacity to ensure Model 3 can be delivered in U.S. by Dec 31 if ordered by Nov 30,” Musk tweeted https://twitter.com/elonmusk/status/1063121238954991617.

Tesla did not immediately respond to a request for more details about the acquisition.

Tesla had earlier said that orders placed by Oct.15 will be delivered by the end of the year.

The electric carmaker has until the end of the year to hand out tax credits of US$7,500 to customers. The credits are available for six months after an automaker hits 200,000 delivery mark, which Tesla hit in July.

The incentives then reduce by 50 percent every six months until it phases out.

(Reporting by Munsif Vengattil in Bengaluru)



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