Why Your Model 3 Delivery Date Matters to Your Piggybank

The first 30 buyers to receive their Model 3 sedans at a Telsa Inc. handover party Friday will still be able to get the $7,500 federal tax credit that encourages electric-vehicle purchases. But not everyone on the 373,000-person-long (or more) wait list will qualify. The credit begins to phase out once a manufacturer sells 200,000 electric vehicles in the U.S., so Tesla will cross that threshold long before every would-be Model 3 buyer takes delivery of the car.

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