Tesla Hits 200,000 Threshold -- July 12, 2018

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Title : Tesla Hits 200,000 Threshold -- July 12, 2018
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Tesla Hits 200,000 Threshold -- July 12, 2018

From SeekingAlpha:
  • Tesla has crossed over 200K electric vehicle sales in the U.S. this month
  • new Tesla buyers after December 31 will see a 50% reduction in the federal tax credit available to $3,750 for another six months before another 50% reduction takes effect
  • at least 14 different states also offer EV tax incentives, with varying levels of rebates, perks, credits or exemptions
  • the EV automaker beat GM and Nissan to the 200K mark, although those automakers will also soon hit the threshold
  • while there's been plenty of debate about what the potential impact on EV demand will be as the tax incentives head lower - the implications are difficult to forecast with the Trump Administration waiting in the wings to potentially issue new EV rules.
See poll at sidebar at the right.

By the way, this is likely why there was a "discrepancy" in Tesla's most recent "delivery" announcement.

Someone noted that:
  • Tesla has 400,000+ reservations
  • Tesla had upwards of 20,000 automobiles ready for delivery
  • Tesla delivered around 10,000 automobiles in the most recent reporting period (month? quarter? I forget) 
  • folks wondered why those 10,000 automobiles weren't delivered, or if Tesla was "fudging" some numbers?
  • the explanation: by holding those 10,000 vehicles for delivery after July 1, 2018, that put the 200K threshold reached (poor grammar but you know what I'm saying), and thus extending the full rebate for one more quarter, before the phase out begins
My comments:
  • just one explanation; the facts may be wrong; the explanation may be bogus
  • but it's good cocktail chatter
  • if I see you at a cocktail party and you bring this up, I will buy you your next non-alcoholic drink


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