Tesla under 200k mark in Q2, full $7500 tax credit available until end of 2018.

Link: 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

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