With the $7,500 federal tax credit for new Tesla purchases set to expire at the end of the month, the electric automaker is pulling out all the stops in order to boost sales and enable prospective buyers to enjoy the full credit. Earlier this month, Tesla CEO Elon Musk took to Twitter and said that buyers who opt to add themselves to a cancellation wait-list — where they can receive a car ahead of schedule should an outstanding order be cancelled — are eligible for a full refund if the car isn’t delivered before 2019.
In a similar vein, Musk over the weekend announced a new tweak to the ordering dynamic. According to Musk, some buyers who don’t get their Tesla vehicle in time to take advantage of the full tax credit will be reimbursed to the tune of $3,750. Remember, the $7,500 tax credit isn’t disappearing completely. Rather, it will drop down to $3,750 starting in January 2019 and will remain in place until the end of June.
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Tesla has a big incentive for buyers who miss out on the full $7,500 tax credit originally appeared on BGR.com on Mon, 24 Dec 2018 at 16:46:58 EDT. Please see our terms for use of feeds.
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