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Tesla sold 200,000 electric vehicles in the United States, Electrek announced Thursday, which means its customers will start losing access to a $ 7,500 tax credit.
Tesla confirmed to Business Insider that he had crossed the threshold of 200,000 vehicles.
The federal government grants people who buy electric vehicles a tax credit of $ 2,500 to $ 7,500, depending on the size of the vehicle and the capacity of the battery. As Tesla wrote in an annual report filed with the US Securities and Exchange Committee in February, its clients are getting the full $ 7,500. But two calendar quarters after a company sells its 200,000th electric vehicle to the United States, the tax credit begins to retreat gradually.
For the first six months of disposal, customers are entitled to 50% of the credit. This drops to 25% for the next six months. After the full year, business customers are no longer eligible for this tax credit.
This means that Tesla customers will be able to receive full credit until January, when they will be entitled to half the credit for six months. Starting next July, they will be able to obtain a credit of one quarter. The credit will expire for Tesla's customers in January 2020.
Tesla is the first automaker to begin credit reduction, which will surely affect at least some customers who have pre-ordered the Model 3 sedan's. business. As of July 2, the company stated that it had about 420,000 pre-orders for the vehicle that had not been filled, and that customers were not eligible for credit. tax until their vehicle is delivered.
The Model 3, which starts at $ 35,000, was designed to expand Tesla's customer base beyond the luxury segment and accelerate the pace of electric vehicle adoption. The company manufactured 41,029 3 models from the launch of the vehicle in July 2017 until the end of last month.
At the end of June, Tesla allowed those with Model 3 reservations to configure and order their vehicles, although the $ 35,000 base model is not yet available. A representative of Tesla told Business Insider that it would be available in six to nine months for those who had already made reservations. It's longer than a schedule given by CEO Elon Musk in May, when he said the $ 35,000 option could become available between September and December.
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