The good thing about Tesla getting a better handle on their manufacturing is that you get more cars at a faster pace. The bad thing is that they’ve sold enough vehicles to where the federal EV tax credit has now been cut in half. It was originally a $7,500 credit as it is now around $3,750.
Well the folks over at Tesla are trying to help offset it a bit by shaving $2,000 off of the Model 3, S, and X here in the US. Now the interesting part about all of this, is the fact that they missed their projected sales by 250,000 or so vehicles. So analysts are suggesting that the price cut would act as an incentive to sell even more Teslas.
Now that the tax credit is on its way out, we’ll have to see what strategies they will implement to keep boosting sales into profitability.
Anyone taking advantage of these savings to finally pick up a Tesla of you own?
