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Tesla To Make Sure Users Get Full Tax Credit If It Misses Delivery

Tesla To Make Sure Users Get Full Tax Credit If It Misses DeliveryEven those who don’t buy their Teslas before the year concludes can still take benefit of the federal tax incentive ($7,500) completely. That tax credit will still be reduced to half when the clock strikes midnight on New Year. On the other hand, Elon Musk (company chief) has declared on Twitter that the firm will cover the difference in case it cannot deliver in the next couple of days if it claimed it would—so long as the users made efforts to get the car prior to 2019. It is not completely clear what he means by this, but it can simply be a case of being accessible to get it delivered this Christmas season.

Earlier this month, Tesla began trading all vehicles where original purchasers cannot take delivery prior to 2018. While that gave more users the chance to buy a Tesla before the tax incentive it can provide is cut to 50%, some potential users may have been discouraged by the fact that the firm can take days to deliver cars.

On a similar note, Musk earlier tweeted that the electric car manufacturer had “acquired trucking capacity.” This is a decision aimed to augment deliveries of its Model 3 cars before the federal tax credit starts to unwind before December 31, 2018.

At first Musk did not clarify what “acquired trucking capacity” indicated. The firm has not published any regulatory filings of an acquirement and Tesla has yet to answer to the media’s inquiry on the issue. Musk later posted on Twitter that Tesla had both bought trucking firms and locked deals with primary haulers to prevent trucking shortage issues that occurred in previous quarter.

It is imperative that Tesla takes on as many sales as it can before the year ends. The federal electric car tax credit offers users a $7,500 credit when they purchase an all-electric car.

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