Cars

Tesla Model 3, Model X & Model S Granted An Extended Life!

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After seeing how Tesla quickly collapse in regions where tax rebates have been removed, many speculated that the same outcome will happen in the US if the government is to eliminate the tax credit program.

Well, the tax reformation has concluded and Tesla can breathe easy knowing that the $7,500 rebate will continue to stay but this is only temporary.

The government has made it clear that the decision may reverse in the future to come and there is also the fact that the tax credit quota is still active. Tesla has sold more EVs than any other automakers hence they are going to exhaust their quota soon.

The good news here is that it will be a while before that happens thus giving Tesla some time to revise their approach in the market.