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Tesla's $7,500 Tax Credit Goes Poof, But Buyers May Benefit

Tesla's $7,500 Tax Credit Goes Poof, But Buyers May Benefit

FromWhat's New


Tesla's $7,500 Tax Credit Goes Poof, But Buyers May Benefit

FromWhat's New

ratings:
Length:
6 minutes
Released:
Jan 4, 2019
Format:
Podcast episode

Description

Tesla has built its business on being a pioneer. It was the first automaker to produce electric cars that were fast, fun, and desirable, with battery ranges measured in hundreds instead of dozens of miles. Now, it’s pushing into another new, less welcoming, frontier. Elon Musk's company just became the first automaker to lose access to the full $7,500 federal tax credit designed to spur the adoption of electric cars. As of January 1, its customers only qualify for a $3,750 credit.
Released:
Jan 4, 2019
Format:
Podcast episode

Titles in the series (100)

Listen to narrated versions of WIRED's biggest stories in the morning, and get an update on the day’s most interesting story from Editor in Chief Nick Thompson in the afternoon.