U.S. Markets open in 8 hrs 10 mins

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

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

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 federal government gives people who buy electric vehicles a tax credit between $2,500 and $7,500, depending