For some time now, the federal government has used generous income tax credits to encourage car buyers to purchase an EV. And though this wasn’t the exclusive reason behind anyone’s decision to purchase a Tesla, it’s long been a nice perk for Tesla buyers looking to offset a bit of their purchase price.
The ability for Tesla buyers to take advantage of this tax credit, however, is about to come to an end. Consequently, Tesla has been sending out reminders to prospective Tesla buyers noting that the tax credit for new Tesla purchases is poised to expire in less than 5 weeks.
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Tax credit for Tesla buyers set to expire before the end of the year originally appeared on BGR.com on Fri, 29 Nov 2019 at 20:08:47 EDT. Please see our terms for use of feeds.
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