Tesla Vehicle For Under $15,000? Not Yet, But This State Has Incentives To Get The Price Under $20,000
Portfolio Pulse from Chris Katje
Tesla Inc (NASDAQ:TSLA) could potentially sell its Model 3 RWD for under $20,000 in Colorado due to various state incentives and tax credits. The state's incentives are part of a push by Governor Jared Polis to increase the number of electric vehicles on the road. However, Tesla CEO Elon Musk clarified that not all credits are stackable and there are significant income restrictions.
August 06, 2023 | 12:29 pm
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Tesla's potential to sell its Model 3 RWD for under $20,000 in Colorado due to state incentives could increase its market share in the state. However, the income restrictions and limitations on stacking credits could limit the number of eligible customers.
The news of potential lower prices for Tesla's Model 3 RWD in Colorado due to state incentives could attract more customers, potentially increasing Tesla's market share in the state. However, the income restrictions and limitations on stacking credits could limit the number of customers who can take advantage of these incentives, potentially limiting the impact on Tesla's sales.
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