It’s been a long time since I conducted some new 5 year cost of ownership comparisons between the Tesla Model 3 and other top vehicles in its class. The $1,875 federal EV tax credit for the Model 3 has gone away in that time, and we’re into a new model year. So, I decided to get back into this by comparing the the Tesla Model 3 to the BMW Series (the 330i xDrive Sedan, to be specific) and Audi
Tesla didn’t win the title of top selling luxury car producer in the first quarter of 2019 in the USA, and also didn’t top the list of luxury automakers (cars + SUVs/CUVs/trucks). Nonetheless, the Silicon Valley company stayed on the podium despite a 50% cut in the federal EV tax credit for Tesla buyers and despite the fact that most Tesla vehicles were shipped abroad (with the Model 3 making it overseas for the first time)
As of April 1, the federal tax credit for buyers of electric cars from General Motors will be cut in half. What does the company plan to do about that? Absolutely nothing.