Guys check out what I just read ! Those who are "tax savvy" is this true from your understanding?
"The current federal incentive program does not have an expiration date, but it is designed to give all carmakers an equal incentive to build and sell plug-in electric vehicles for a limited amount of time. Whenever a manufacturer reaches 200,000 PEV unit sales in the United States, the tax credit goes into its “phaseout” period, which lasts somewhere between 15 months plus a day or 18 months minus a day. Huh?
It can be a little confusing, but the way it works is that whenever a manufacturer hits car #200,000 sold in the United States, any EV that company sells in the US during that calendar quarter and the following quarter qualify for the full tax credit. So if Tesla delivers its 200,000th car on July 1, 2018, then all of the cars its sells in the United States from July 1 to September 30 (Q3) and from October 1 to December 31 (Q4) qualify for the full tax credit. After that, for the next six months (two quarters) the credit decreases to 50% ($3,750); then decreases to 25% ($1,875) for the following six months."