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Old 04-01-2016, 10:00 AM
Ken Robb Ken Robb is offline
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Join Date: Dec 2003
Location: La Jolla, Ca.
Posts: 16,087
So since the maximum federal tax break of $7500 (and some state credits?) diminish after the 200,000th Tesla is sold how many of the "buyers" who lose out on that will walk away? I guess that depends on what the re-sale values/prices garnered by flippers seem to be then.

I read yesterday that while $35,000 is the base price "popular options" will add $15,000 to the typical sale. I will ask my pals who "bought" them yesterday about the fine print in their contracts concerning cancellation, options pricing, flipping to another buyer, etc.

All things considered this has to be a huge success for Tesla. It should also be encouraging for GM because they plan to release a new full electric car a year before the Tesla 3 and all these deposits prove there are quite a few people who want a full electric automobile. If the GM is a good car some Tesla waiters may decide to jump ship rather than waiting another year. Heck, there may be plenty of demand for both companies.
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