Quote:
Originally Posted by PennSt8
Once Tesla hits the 200k sales mark federal tax credits will be phased out within the year. It will decrease to $3750 for 6 months, $1875 for 6 months then zero.
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Will see on that. People said that since the last 10 years and Fed credits are still there. Once, Tesla hit 200K and more later, they may not need Fed credits to sell their cars. With the Gigafactory in Nevada, they can produce batteries a lot cheaper and over time, their manufacturing improves will allow them to have cheaper/better batteries. Batteries costs 60% the cost of a Tesla car. Guess what happens if they can make battery for the1/2 price. Yup, their BOM cost for the car will drop 30%.