Some customers will find themselves out of pocket come next year.
Tesla's ongoing struggle to fulfill orders in a timely fashion is about to hit some buyers in the pocketbook. That's because Tesla Model 3 and Model S orders that should have taken place in December have been delayed until next year. As a result, they won't enjoy the federal tax credit for electric vehicles before it's completely phased out for the California automaker. That tax credit is currently worth $1,875.
Electrek is reporting that several customers have been informed by Tesla that their vehicles won't be delivered by the end of 2019. And it doesn't appear that Tesla will be compensating its customers for the tax break they would have earned. Plenty of other EV makers are able to offer tax incentives, which was originally as much as $7,500 for the first 200,000 models sold, as they have yet to reach that threshold. And, with new models coming onto the market next year, it would make sense for those not focused on the Tesla badge to have patience.
However, many will no doubt shrug their shoulders as the cult of Tesla is strong, and it means Tesla is selling all the cars it can make. For those that were budgeting with the tax break in mind, though, Tesla's logistical issues are about to bite them personally. At this point, Tesla can't get its two new Gigafactory locations up and running at full production quickly enough. Until then, we can expect to keep seeing the end of quarter rushes to meet its sales and delivery projections in order to retain confidence from the company's investors.