
Tesla Slashes Car Prices to Combat Shrinking EV Tax Credit
Tesla is making its cars more affordable in the wake of the federal tax EV credit getting cut in half in 2019. The EV tax credit, which prior to January 1, 2019 was $7,500, was a great incentive to buy an electric car. But that’s getting slashed to $3,250, so Tesla has responded in kind by cutting the price of its cars by $2,000. The $2,000 price cut applies to the Model S, X and 3. It...