Tesla Model 3 Federal Tax Credit Still Available?

Tesla Model 3

Updated: December 23, 2018.

Tesla is pulling at all stops to help Model 3 customers receive the full Federal EV Tax Credit of $7,500. As a refresher, in order to receive the full amount, you must take delivery before December 31st, 2018.

Extra Inventory Released

The first thing Tesla did was to release any manufactured Model 3s where a customer could not take delivery by the end of the year.

Guaranteed Mid-Range Model 3 Delivery

On top of that, Elon Musk stated that if a customer ordered a mid-range Model 3 that was promised to be delivered by the end of the year, and for whatever reason, Tesla misses that deadline, Tesla will pay for the tax credit.

What Happens Next Year?

Even if you don’t make the Model 3 delivery by the end of the year, you will still receive a portion of the Federal EV Tax Credit if delivery is made next year.

Here’s the full schedule:

$7,500Delivered on or before December 31, 2018
$3,750 Delivered from January 1 to June 30, 2019
$1,875 Delivered from July 1 to December 31, 2019

Plus, if you use a referral code, you’ll also get six months Free Supercharging as an added bonus (something not previously available to Model 3 customers).

Act Soon

With a relatively low price on the new mid-range Model 3 and with the Federal Tax credit plus six months Free Supercharging via referral code, now is a great time to pick up a new Model 3, but act soon (and pick up at Fremont for the best shot! :).  Remember you can always cancel within three days of the order.