U.S. Markets open in 7 hrs 7 mins

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

Business Standard India
Tesla hits 200,000 cars, meaning lower tax credit for buyers

(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.