Tax benefit expired: Tesla's sales in California is cut in half

all the people in the home state, of all things, in otherwise progressive California: The registrations of new Tesla's were there in the final quarter of 2019

Tax benefit expired: Tesla's sales in California is cut in half

all the people in the home state, of all things, in otherwise progressive California: The registrations of new Tesla's were there in the final quarter of 2019 by a whopping 46.5 percent, according to the news Agency Reuters, citing the data provider Dominion Cross-reported to Sell. Tesla 517,40 EUR +4,30 (+0,84%) Tradegate

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electric car manufacturer in his home state in the three months October to December only 13.584 vehicles, according to 25.402 cars in the same period last year. The Paragraph falls on a phase-out tax advantage ends, as Reuters wrote.

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$ 7,500-buyers of electric cars in the USA can be tax-deductible, however, only until the manufacturer has sold 200,000 cars. This brand has exceeded Tesla mid-2018.

Since then, the tax benefit decreased continuously. At the beginning of the year 2019, the advantage fell to 3750 dollars, the middle of the year, finally, to 1875 dollars, before he disappeared to the end of the year completely. Tesla himself did not comment to Reuters to pay the paragraph. With Stock Selection in Europe, you will achieve excess Returns with System! (Partner offer) Now 30 days free of charge test!

The surprisingly good sales figures for the year 2019 had boosted Tesla's share price recently. Currently, the paper quoted at 576 US dollars, 100 percent higher than twelve months ago. Alone since the beginning of the year, the share price has risen more than 38 percent. With a market value of 103.9 billion US dollars, Tesla has left behind even Volkswagen.

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Updated Date: 24 January 2020, 01:00

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