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Will GM or Tesla buyers lose electric-car tax credits first?

Green Car Reports

A major contributor to electric-car sales is the program under which buyers of new electric cars qualify for a federal income-tax credit of up to $7,500. But these tax credits are not unlimited.

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Tesla expects 200,000th U.S. sale this year, electric-car tax credits to start phaseout

Green Car Reports

sales of electric cars that qualify for the full federal tax credit of $7,500? That number is 200,000; after the rest of that calendar quarter and the one following, the credit is halved for a further two quarters. It's been a topic of discussion for years: What will happen when a carmaker reaches the cap on U.S.

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$49,900 after tax credit

Plugs and Cars

Elon Musk has disclosed the intended price of Model S, even if the car itself must spend another week under wraps. And another two years before production cars begin to roll off an assembly line. According to the Tesla newsletter "the Model S will have an anticipated base price of $57,400.

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Toyota Prius Recall, Georgia Electric-Car Incentive, Tesla Ohio Troubles: Today's Car News

Green Car Reports

Today on Green Car Reports: Georgia may kill its $5,000 electric-car tax credit, Ohio car dealers renew their legislative fight against Tesla Motors, and 2010 through 2014 Toyota Prius hybrids are being recalled. All this and more on Green Car Reports.

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Tesla’s Musk “highly confident” about Model S

Green Car Congress

In a conference call held before market hours on 17 January, Tesla Motors Chairman, Product Architect and CEO Elon Musk and his executive team expressed confidence in the prospects for the upcoming Model S, Model X and the company. 60 kWh, $59,900 (after $7,500 Federal tax credit).

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Nevada the site for the Tesla Gigafactory pending legislative approval of incentive package estimated at up to $1.25B over 20 years

Green Car Congress

On Thursday, Nevada Governor Brian Sandoval and Elon Musk, Chairman and CEO of Tesla Motors, confirmed what had been widely leaked the day before: that Nevada and Tesla had reached an agreement—subject to legislative review and approval—that will result in the state being the site for the Tesla Gigafactory.

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Tesla introduces financing product for Model S customers; lease-sale hybrid

Green Car Congress

Tesla Motors, in partnership with Wells Fargo and US Bank, has created an automotive financing product that combines elements of ownership and leasing for Model S customers. Elements of the new program include: US Bank and Wells Fargo have agreed to provide 10% down financing for purchase of a Model S (on approved credit.).

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