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.
Tesla has released all cars for sale where original customer can’t take delivery before year end, as well as test drive / display cars, which cost less.— Elon Musk (@elonmusk) December 22, 2018
Reminder to US buyers that $7500 tax credit drops in half in 8 days. Order online at https://t.co/46TXqRrsdr or visit stores.
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.
If Tesla committed delivery & customer made good faith efforts to receive before year end, Tesla will cover the tax credit difference— Elon Musk (@elonmusk) December 22, 2018
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:
|$7,500||Delivered 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).
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