Tesla delivers 200,000 cars, tax credit for future…

Elon Musk

The change was first noted and reported by Jalopnik. It is then reduced by 50 percent every six months until it phases out. Buy your Model S, X or 3 before January 1st, 2019 and you will still be eligible for the full $7,500 discount.

The phaseout was triggered when Tesla delivered its 200,000th auto to a customer in the US this week.

Regardless of whether PA Consulting's crystal ball is accurate, there's no getting around the fact that beginning later this year, Tesla will begin to face massively increased pressure from traditional luxury automakers, all of which are getting serious about EVs.

For Priyanka Chopra, A Beach-Side Birthday Surprise By Nick Jonas, Apparently
The duo were in India for a week and Chopra introduced Jonas to her mother, and they both attended a friend's wedding. Priyanka and Nick sparked dating rumours after they were spotted spending the memorial day weekend together.

The incentives were created to boost electric vehicle sales by giving buyers a tax credit that would bring prices in line with competitive gas cars.

Tesla Inc has delivered 200,000 electric cars in the United States, a spokesperson said on Thursday, resulting in lower tax credits for future buyers.

Each manufacturer is allotted 200,000 credits before the phaseout begins.

Surprise! Kate Middleton makes appearance with royal family at RAF celebration
The day began with a service at Westminster Abbey followed by a speech by Queen Elizabeth II at the Buckingham Palace . Kate is now in the middle of maternity leave for Prince Louis and hasn't yet returned to full-time royal duties.

Also, a person reporting one hour late at job would attract harsher penalties than those who are late by just 10 minutes, under the new rules, which are, according to Tesla, are meant to be "more fair and flexible".

Earlier this year, amid concerns they could miss the federal tax break, some potential buyers of Tesla's long-delayed Model 3 sedan began seeking alternatives, including GM's Bolt, according to postings by would-be Tesla buyers on websites and interviews with GM dealers. In the past couple months, Tesla has ramped up production of the Model 3 and it became clearer that Tesla would reach the trigger first.

A Tesla sales and service center is shown in Costa Mesa, California, U.S. June 28, 2018.

Interview: Trump's visit ruffles feathers, sets back UK-US special relationship
Johnson, who helped lead the campaign to take Britain out of the European Union , accused May of killing "the Brexit dream". The US president questioned her handling of Brexit in an interview with The Sun tabloid, published on Thursday.

GM is still expected to be the next automaker to cross the 200,000 threshold, which could happen later this quarter.

Related News:



Most liked

McLaren promises 18 fresh models (including new P1) by 2025
British sportscar and supercar maker McLaren has announced that its entire range will be hybrid by 2025. In fact, the automaker says, it'll be nearly a 75-percent increase over current numbers.

France ready to win World Cup ugly as Croatia eye history
It's now time for the final, the match that will decide who becomes the latest side to lift the coveted Jules Rimet trophy. But we are yet to decipher whether the duo will be attending the finals, which will be held in Luzhniki Stadium, Moscow .

MacBook Pro 2018 Initial Findings: Keyboard Design Cover-Up?
A quiet keyboard is a neat perk, but if dust can still hinder regular operation, it's still a sucky keyboard. Apple has a new program to address the matter , and the company is facing class-action suits because of it.

Why the World Cup Final is the biggest match in sport
"I have received messages from Argentina , Spain, Germany , from all corners of the world". If there was a stadium big enough for 4.5 million people, it would be full.

Moto E5 Play with Android GO gets expanded release
As mentioned in the beginning, the Android Go version of the E5 Play will launch in Europe and Latin America sometime this month. Android Go smartphones typically feature 8GB of storage at most, though the regular E5 Play includes 16GB of expandable storage.

Richie Porte out of Tour de France after early crash today
The Tour rolled on, but Porte is out of the race in an nearly cruel replay of his exit in 2017 on the very same stage. Tony Martin (Katusha-Alpecin), a victor of the last cobbles stage in 2015, did not start following a crash Saturday.

Surya Grahan 2018: All you need to know about Solar Eclipse 2018
Observers are reminded to protect their eyes during a solar eclipse and should never look directly at the sun with naked eyes. Unlike solar eclipses , which have short-lived periods of totality, the peaks of lunar eclipses can be quite lengthy.

NASA commercial crew program for space station faces delays, says report
The report said the United States could seek to obtain additional Soyuz seats but that may prove hard . The Associated Press says the US has paid Moscow up to $82 million a seat for the ride into orbit.

Angry crowd protests after Chicago police fatally shoot man
The Chicago Sun-Times says scuffles broke out between protesters and police officers holding batons who had cordoned off the area. Some people claimed a female officer shot the man at least five times in the back as he ran away, the newspaper reported .

Dead, 12 Hurt After Chemical Plant Explosion
All of the injured remain in hospital in stable condition, and authorities continue to investigate the incident. The reports say the fire continued to burn for about 5 hours and gutted 3 three-story buildings.

Theresa May: there could be 'no Brexit at all'
Stewart Jackson, former special adviser to David Davis , said No 10 had blocked his reappointment in the role under new Brexit Secretary Dominic Raab .

Federation Internationale de Football Association tells broadcasters stop zooming in on women in World Cup crowds
Much-travelled Serbian coach Bora Milutinovic has stressed that Qatar will host a "dream World Cup " in 2022, as reported by DPA.

Mourinho cuts short break for Man Utd World Cup players
Mourinho is very fond of the Croatian and tried to use Anthony Martial as bait for Inter Milan in a swap deal but the Serie A outfit did not comply with Manchester United .

Borussia Dortmund Star In London, West Ham Medical Booked For Monday
West Ham are closing in on the signing of Ukrainian winger Andriy Yarmolenko from Borussia Dortmund for a fee of £17.5m. Manuel Pellegrini's side have already made several signings so far in this transfer window.

Frank Sinatra's first wife Nancy dies at 101
One such extramarital romance was with actress Ava Gardner, whom he married just days after signing divorce papers with Nancy . She never remarried and had three children-Nancy Jr, Tina and Frank Jr , who died in 2016 aged 72.