≡ Menu

Tesla Federal Tax Credit Phase Out

Tesla’s qualified plug-in Electric vehicle (PEV) federal tax credit of $7,500 ends on December 31, 2018. If you take delivery by the end of the year you are eligible to get the full tax credit. After that, tax credit will be reduced to $3,750 when you get delivery between January 1 to June 30, 2019 and $1,875 when you get delivery between July 1 to December 31, 2019.

Federal income tax credit is available to anyone who purchases a new Tesla Model S, Model X or Model 3:

Tax Credit Amount Delivery Date
$7,500 On or before December 31, 2018
$3,750 January 1 to June 30, 2019
$1,875 July 1 to December 31, 2019

tesla_federal_tax_credit_dates.png

for more information visit what you need to know about the federal EV tax credit phase out

{ 0 comments… add one }

Leave a Comment