Tesla hopeful of delivering all orders for the Model 3 by 2018

Tesla’s CEO, Elon Musk tweeted, “If Tesla committed delivery & customer made good faith efforts to receive before year end, Tesla will cover the tax credit difference.”

Luxury carmaker Tesla Inc has stated, it will reimburse customers if delays to car deliveries have caused them to miss out on a significant tax credit.

In 2017, the Republican-controlled U.S. Congress passed a significant tax overhaul wherein consumers can purchase electric vehicles at a lower cost by way of tax credits that lower the cost of electric vehicles; however, these will be available only for the first 200,000 vehicles sold by the automaker, following which the tax credit is cut by 50% for every six months until it phases out.

In March 2018, Tesla had said orders for its models placed by Oct. 15 would be eligible for a full tax credit of $7,500 and that they will be delivered by the end of 2018.

From January 1, 2019, Tesla’s tax credit will drop to $3,750.

With only a few days to go before the year comes to a close, a few customers are still awaiting deliveries; they have taken to social media to vent their frustration regarding the delays and have underlined the lack of communication by Tesla as another problem.

On Saturday, Elon Musk, Tesla’s CEO, responded to their concerns on Twitter saying, “If Tesla committed delivery & customer made good faith efforts to receive before year end, Tesla will cover the tax credit difference.”

Furthermore, Musk also stated, Tesla should manage to complete deliveries of all orders for its mid-range Model 3 by the end of 2018.

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