Tesla will give full refund if car not delivered in 2018 and you don’t get the full tax credit, says Elon Musk
Dec 11, 2018 | by Iqtidar Ali
Tesla CEO Elon Musk just announced on Twitter that if you want to get the full federal tax credit you should order your car now in stores or via Tesla online design studio — if Tesla is not able to deliver your vehicle by the end of Dec 2018 and you lose the federal tax credit, the company will give you a 100% refund, no questions asked.
Tesla is trying to push the limits at the end of Q4 to provide the maximum $7,500 tax credit benefit to their customers. This is the same strategy that Tesla used earlier this year when they pushed the Canadian deliveries to provide Ontarians with a $14,000 CAD tax credit on Model 3 orders.
To handle large amounts of deliveries at the end of this quarter which also happens to be the holiday season, Tesla just announced that they are opening 11 more stores across the United States, not to mention some locations are eligible for home delivery as well (you will know if you are eligible for home delivery when placing the order either via Tesla.com website or from a physical Tesla store).
This is a golden chance for potential Tesla customers to pull the trigger on their order, there is nothing to lose here if you don’t get the delivery you get your money back 100%.
Starting Jan 2019 the federal tax credit will be cut to half i.e. $3,750 which is less attractive of an offer to potential Tesla customers. Tesla first presented this offer last month and now Elon Musk is still confident that Tesla will be able to deliver all the orders when it’s less than 3 weeks remaining till the end of the year.
Bloomberg estimates that Tesla is producing 4,198 Tesla Model 3s average per week which was 4,543 Model 3 vehicles last month, the drop in Model 3 production might be due to two factors, either Tesla is steadily producing enough Model 3s to fulfill the orders or the automaker is preparing for a couple or ‘production hell’ weeks ahead.
According to Elon Musk/Tesla, the company has now a streamlined delivery process since they bought a few Trucking companies and also solid contracts for the holiday season deliveries.
Tesla Model 3 Mid-Range customers can take this chance to get the electric car of their dreams for a price of $43,500 USD after the $7,500 tax credit.
Elon Musk also mentioned that if you didn’t get a test-drive before you received your car, you have 3 days to return the car for a full refund, in case you had a test-drive, you still have 1 day to return the car.
Let us know if you’re willing to press the ‘Order Now’ button with Tesla’s no risk offer in the comments section below.
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