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Tesla buys trucking companies to shorten Model 3 delivery times for tax credit by the end of the year

Nov 18, 2018 at 06:00 AM CST
Tesla extended the deadline to order Model 3 and get a delivery by the end of the year in order to get the full federal tax credit for electric vehicles.

CEO Elon Musk says that they achieved that by “acquiring trucking capacity”.

Earlier this year, Tesla confirmed hitting the federal tax credit threshold triggering a phase-out period.