Of all the emails that make me chuckle, the best are those from Tesla owners who say taxpayer rebates don’t matter. They’d buy the car anyway. Apparently they think Tesla founder Elon Musk is leaving money on the table in dealings with them. If his customers would buy without the $7,500 federal rebate, he’d be a fool not to raise the price by $7,500 and capture the value of the tax credit for Tesla.
Even as Wall Street bulls tout Tesla’s stock, almost a conspiracy of silence has surrounded the most interesting questions. One of these concerns what happens when 300,000 customers who deposited $1,000 each for the forthcoming Tesla Model 3 learn that the $7,500 federal tax credit will expire before they can get their hands on it.