2020 Tesla Tax Credit. That's because the last batch ever of Tesla electric vehicle buyers will receive a federal tax credit by the end of the year. Moshe, TEI 👉I do NOT give any recommendations on buying, selling or holding Stocks.
Now, the IRS tax credit doesn't just disappear overnight.
Fading tax credits in multiple countries may also depress Tesla's sales.
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Moshe, TEI 👉I do NOT give any recommendations on buying, selling or holding Stocks. Loss of the tax credit likely won't impact Model S and Model X sales, since those vehicles cater to wealthier buyers. In a statement, General Motors spokesperson Jeannine Ginivan called the failure to extend the tax.