The First $4,000 Tax Credit Is Available On Used Electric Vehicle Purchase Passes, But New Teslas Are Not Eligible For The Larger $7,500 Rebate.

The Senate just passed a $740 billion bill on tax reform, climate change, and lower health care costs, so Tesla could continue to receive big government benefits. The huge climate section of USD 370 billion includes newly issued credits for the purchase of used electric vehicles or automobiles. Source: www.notebookcheck.net

Tesla’s Used Car Prices Will Stabilize As Model Y Is Worth Less Than Lexus

The sharp decline in Tesla’s used car prices has now stabilized and is no longer in free fall. Elon Musk’s new market share strategy has resulted in six consecutive price cuts, while federal tax credits for new EVs have accelerated the downward trend in Model Y prices… Source: www.notebookcheck.net

Tesla Beats BMW And Mercedes To Win Title Of America’s Top Premium Car Brand

Tesla’s original strategy of starting with high-end, high-performance cars like the first-generation Roadster and using the proceeds to develop mass-market cars like the Model 3 and the next Model 2 is gradually coming to fruition. Still, the average used price of a Tesla car is still almost double that of a Tesla car. Source: www.notebookcheck.net