Consumer Discretionary / Industrials

Henry Kwon

Equity Bottom-Up

<p>Tesla has confirmed that has hit the 200k unit delivery threshold, which triggers a one year phase-out of the $7,500 Federal tax credit beginning in January  2018 (<a href="https://www.tesla.com/support/incentives?redirect=no" target="_blank">https://www.tesla.com/support/incentives?redirect=no</a>).</p><p>The current sales unit-based tax credit threshold has been widely criticized as punishing early movers, which in the U.S. happen to be Tesla and GM.  A recent Bill introduced in Congress seeks to change the current system from a unit-tax credit based system to a time-direct rebate…</p>

Tesla has confirmed that has hit the 200k unit delivery threshold, which triggers a one year phase-out of the $7,500 Federal tax credit beginning in January  2018 (https://www.tesla.com/support/incentives?redirect=no).The current sales unit-based tax credit threshold has been widely criticized as punishing early movers, which in the U.S. happen to be Tesla and GM.  A recent Bill introduced in Congress seeks to change the current system from a unit-tax credit based system to a time-direct rebate…

Tesla (TSLA): $7,500 Federal Tax Credit to Be Cut Beginning in 2019...Unless House Bill 6274 Passes