Link: https://www.tesla.com/support/incentives
The following federal income tax credits are available to anyone who purchases a new Tesla Model S, Model X or Model 3:
Federal Tax Credit |
For Vehicles Delivered |
$7,500 |
On or before December 31, 2018 |
$3,750 |
January 1 to June 30, 2019 |
$1,875 |
July 1 to December 31, 2019 |
Several states and local utilities offer additional electric vehicle incentives for customers, often taking the form of a rebate. Rebates can be claimed immediately after purchase, while tax credits are claimed when filing income taxes.
Many states also offer non-cash incentives, such as carpool lane access in California and free municipal parking.
All states |
$7,500 income tax credit (subject to phase out schedule above) |
Arizona |
Reduced Vehicle License Tax, Carpool lane access and reduced rates for electric vehicle charging |
California |
$2,500 rebate (based on income eligibility) |
Connecticut |
$3,000 rebate for new vehicles with a base price under $60,000 |
Colorado |
$5,000 tax credit for purchase of a new vehicle
$2,500 tax credit for lease of a new vehicle |
Delaware |
$1,000 rebate for new vehicles with a base price over $60,000
$3,500 rebate for new vehicles with a base price under $60,000 |
Hawaii |
Carpool lane access and reduced rates for electric vehicle charging |
Louisiana |
$2,500 income tax credit |
Maryland |
$3,000 Excise Tax Credit for new vehicles with a total price under $60,000
$700 rebate on wall connectors and installation |
Massachusetts |
$1,000 rebate for new vehicles with a base price over $60,000
$2,500 rebate for new vehicles with a base price under $60,000 |
Nevada |
Reduced rates for electric vehicle charging |
New Jersey |
Sales tax exempt |
New York |
$500 rebate for new vehicles with a base price over $60,000
$2,000 rebate for new vehicles with a base price under $60,000 |
Pennsylvania |
$1,750 rebate for new vehicles with a base price under $50,000 and under
(500 rebates available between January 1 and June 30, 2018) |
Washington DC |
Excise tax exempt |
So it looks like they hit the 200k mark in July which could explain some of the higher Q2 in transit numbers and should lessen some of the cancellation concerns.
AC