qr-play-store play store

Tesla Motors puzzled by a tax credits deficiency

11 Apr 2016
Tesla Motors puzzled by a tax credits deficiency

Tesla Motors announced it faces a shortage of U.S. tax credits for the Model 3, its first mass-market electric vehicle. It was said that, in the first week of orders, 325,000 people had placed refundable $1,000 deposits on the Model 3, a sedan starting at $35,000 with a range of 215 miles and up.

As the company has struggled in the past to deliver products on time, some say that the announced crisis is an apparent one, seeing in this announcement a clever production strategy to squeeze more money out of the program for its buyers. Because of a limit on the number of Tesla customers who can claim a $7,500 federal tax credit on electric-drive vehicles, some of those who want to get a Model 3 might come up empty-handed. Moreover, the $7,500 credit for electric-drive vehicles isn't cut until the end of the quarter after the one in which a company hits its limit of 200,000 cars delivered in the United States.

In such a way Tesla could intentionally hit its limit on the first day of a quarter, then deliver a wave of vehicles to American customers over the next six months before the credit begins to disappear. But executing a sly tax strategy would add an extra layer of complexity to the already-tricky equation facing Tesla, which must weigh its desire to clear an estimated $14 billion backlog of orders against the risk of hastily delivering cars with quality glitches. 

Managing deliveries to squeeze out more credits may be difficult to achieve while Tesla is ramping up to mass production, given the company's long track record of struggling to meet its manufacturing timelines. All early producers of electric-drive cars, including General Motors with its Chevrolet Volt plug-in hybrid and Nissan with its Leaf EV, eventually will run out of credits under the U.S. program, created by an economic stimulus bill in 2008.


0 0
2021-04-10 13:52:54
generic viagra me uk predisone with no presciption what mg does levitra come in Rew graiz
2021-04-10 03:45:07
I will immediately grasp your rss as I can't to find your email subscription hyperlink or newsletter service. Do you've any? Please allow me know so that I may just subscribe. Thanks. http://www.deinformedvoters.org/vidalista-online
2021-04-10 01:44:04
Sxfabn - sildenafil 150 mg Lainqh lbuauq
2021-04-09 14:44:27
does levitra work https://levitraoffer.com/ - levitra vs viagra reviews levitra 60 mg effects of levitra viagra vs levitra vs cialis cialis viagra levitra
2021-04-09 11:37:21
generic vidalista in mexico http://vidallista.com/
  • Jaw-dropping deals this Spring at RepoKar
    27 Feb 2017

    Spring is right around the corner! With melting snow comes rising car sales. Longer days and brighter sunlight mean it’s the season to think about the best used cars for spring; vehicles that allow you to appreciate blue skies, while getting a head start to summer. The sooner you decide on your dream car, the greater the possibility of finding the best deals.  At RepoKar, we want to be sure that you've got everything you need to start the season fresh with a smile on your face. That’s why we’ve prepared amazing, hassle free used cars, trucks, and SUVs for our fr...

    4 6
  • Buy a car at RepoKar this Winter
    25 Nov 2017

    With winter on its way, the roads can be dangerous because it dries slower and road visibility as well as battery failure can also be hazardous. It’s time to start thinking about how you can make your daily drive safer and stress-free. That doesn’t necessarily mean you should buy an SUV or crossover to survive the season. Plenty of sedans and wagons provide qualities that can keep you safe in sleet and snow. These medium-sized vehicles also help you save at the pump! But what actually matters here is choosing the right place to buy a car from. There are several options on the marke...

    0 3
  • Diesel Cars VS Electric Cars
    17 May 2019

    Between loyal customers and car dealers lie an important dilemma that begs for an answer - What is the future of diesel cars and electric vehicles? Today at RepoKar, we are ready to tackle this predicament.Auto manufacturers and the combustible industries have often mentioned the idea that electric cars are worse for the environment than diesel and gasoline-powered vehicles because they are powered by dirty electricity.If we want to talk about fuel efficiency, noise pollution, and air quality, then EVs are clearly the outright winner. But if we're talking about torque or initial price, the...

    0 1
  • Fire Risk: BMW Recalls 185,000 Cars TODAY
    19 Apr 2019

    The recall expansion covers 3 Series, 5 Series and Z4 models from the 2006 model year. The problem has been traced to irregularities in the manufacturing process that could allow moisture to occur near the PCV valve heater and lead to a short circuit. The PCV valve is an emissions device that keeps pollutants created by an engine from being released into the atmosphere. It also helps keep the engine oil clean and prevents crankcase pressure from building up. BMW warns its customers to stop driving the vehicle if there is smoke coming from the engine, or if the driver smells smoke or plast...

    2 3
Search on the blog
Find us on

Last added auctions

2012 Ford ESCAPE
19 photos
No bids
2012 Nissan MURANO
13 photos
No bids
2000 Honda CR-V
12 photos
No bids
2012 Mazda MAZDA3
16 photos
No bids