Publication Notes

"The $7,500 federal tax credit for electric vehicles is set to start phasing out for the Model S, Model X, and Model 3 after Dec. 31, according to the company's website. The Palo Alto, California-based carmaker is the first to trigger the reduced incentive in the US. A Tesla spokesman confirmed that the company delivered its 200,000 vehicle in the U.S. this month, so the full $7,500 tax credit will remain in place until Dec. 31. After that, the incentive starts ratcheting down and will be eliminated at the end of 2019, assuming there's no change to the program."