An up and down year for Tesla ends with some good tax news from the boss.
It's a bad thing for folks who want to buy a Tesla in the future.
Most of these new electric models from Tesla rivals will be eligible for the full $7,500 federal tax credit. However, the automaker clarified that it is possible to buy from established inventory and still get tax credit if the purchase is consummated by year's end. Musk even offered to deliver cars directly to customers homes or offices, instead having them drive to a Tesla showroom to take delivery. On Monday afternoon, Tesla CEO Elon Musk tweeted, "US $7500 tax credit drops in half at midnight!"
But Musk has continued to taunt the U.S. agency, most recently in an interview broadcast earlier this month with network news program "60 Minutes".
However, for those owners who might change their minds about purchasing a Tesla with the tax credit being halved this week, Musk promised to cover the tax difference in a post this week on Twitter, as the company ramps up efforts to deliver cars to new customers before the deadline.
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And Musk said in a tweet earlier this month that if Tesla committed to December delivery and the customer made a "good faith effort" to receive it before year end, Tesla will cover the tax credit difference if the vehicle doesn't get there until next year.
Earlier this year, Tesla said orders placed by October 15 would be eligible for the full tax credit of $7,500 and that customers would receive their cars by the end of the year.
On Sunday, auto blog Electrek reported that there were more than 3,300 Model 3 vehicles sitting in Tesla's United States inventory, according to an unnamed source familiar with the matter.
Some of the inventoried vehicles may be sold today, but sources speaking to Electrek indicated that it would likely not be possible for the auto maker to draw down its entire inventory in one day.