• Tesla slides as an unwinding tax credit means more expensive cars for customers

    4 monthes ago - By Business Insider

    A tax credit worth $7,500 for Tesla customers will end next year, the company confirmed Thursday.
    Shares of the company sank 1.6% in trading following the news.
    Also on Thursday, employees told Bloomberg Businessweek they were forced to walk through raw sewage on the factory floor.
    Follow Tesla's stock price in real-time here.
    Shares of Tesla were down 1.7% in trading Thursday after it confirmed a lucrative tax credit will end next year , making its electric cars more expensive for potential customers. Additionally, a Bloomberg Businessweek profile outlined several possible safety hazards...
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  • Tesla slides as an unwinding tax credit means more expensive cars for customers

    Tesla slides as an unwinding tax credit means more expensive cars for customers

    4 monthes ago - By Business Insider

    A tax credit worth $7,500 for Tesla customers will end next year, the company confirmed Thursday.
    Shares of the company sank 1.6% in trading following the news.
    Also on Thursday, employees told Bloomberg Businessweek they were forced to walk through raw sewage on the factory floor.
    Follow Tesla's stock price in real-time here.
    Shares of Tesla were down 1.7% in trading Thursday after it confirmed a lucrative tax credit will end next year , making its electric cars more expensive for potential customers. Additionally, a Bloomberg Businessweek profile outlined several possible safety hazards...
    Read more ...

     

  • Tesla customers will start losing a $7,500 tax credit in 2019

    Tesla customers will start losing a $7,500 tax credit in 2019

    4 monthes ago - By Business Insider

    Tesla has sold 200,000 electric vehicles in the US, Electrek first reported, which means its customers will start to lose access to a $7,500 tax credit.
    Tesla confirmed it had passed the 200,000 vehicle threshold to Business Insider.
    The credit will begin to phase out for Tesla customers in January 2019 and will no longer be available in January 2020.
    Tesla has sold 200,000 electric vehicles in the US, Electrek first reported, which means its customers will start to lose access to a $7,500 tax credit.
    Tesla confirmed it had passed the 200,000 vehicle threshold to Business Insider.
    The...
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  • $7,500 federal tax credit for Tesla buyers to end Dec. 31

    $7,500 federal tax credit for Tesla buyers to end Dec. 31

    4 monthes ago - By Chron

    DETROIT - Tesla Inc. says its customers won't get the full $7,500 federal electric vehicle tax credit after Dec. 31.
    The company says on its website that the credit on its vehicles will start to phase out next year.
    Under federal law, buyers get the full credit until a manufacturer reaches 200,000 in sales since the start of 2010. Tesla buyers will get the $7,500 this year, then the credit is cut in half and phased out by the end of 2019.
    The announcement on Tesla's site means the company hit 200,000 in sales this month.
    Losing the credit could hurt future sales. Tesla has over 400,000...
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  • Tesla customers will start losing a $7,500 tax credit in 2019

    Tesla customers will start losing a $7,500 tax credit in 2019

    4 monthes ago - By Business Insider

    Tesla has sold 200,000 electric vehicles in the US, Electrek first reported, which means its customers will start to lose access to a $7,500 tax credit.
    Tesla confirmed it had passed the 200,000 vehicle threshold to Business Insider.
    The credit will begin to phase out for Tesla customers in January 2019 and will no longer be available in January 2020.
    Tesla has sold 200,000 electric vehicles in the US, Electrek first reported, which means its customers will start to lose access to a $7,500 tax credit.
    Tesla confirmed it had passed the 200,000 vehicle threshold to Business Insider.
    The...
    Read more ...

     

  • Tesla hits 200,000 cars, meaning lower tax credit for buyers

    4 monthes ago - By Reuters

    Tesla Inc has delivered 200,000 electric cars to buyers in the United States, a spokesperson said on Thursday, meaning tax credits will now begin to be lowered, while rivals such as Mercedes-Benz, BMW AG and Audi AG will bring electric models to the market with a full tax credit in place.
    Read more ...

     

  • Tesla delivers 200,000 cars, tax credit for future buyers to be lower

    4 monthes ago - By Reuters

    Tesla Inc has delivered 200,000 electric cars in the United States, a spokesperson said on Thursday, resulting in lower tax credits for future buyers.
    Read more ...