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by ceterum_censeo 3517 days ago
Is the federal EV tax credit a component of the margin calculations?
1 comments
danhak 3517 days ago
No, the EV tax credit never goes to Tesla it goes to the consumer. The figures also exclude the CARB ZEV credits.
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ceterum_censeo 3517 days ago
Doesn't the credit go to Tesla when it is leased?
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mikeash 3517 days ago
It goes to the bank that handles the lease.
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ceterum_censeo 3517 days ago
I guess that is my confusion, I thought Tesla was originating the lease.
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mikeash 3517 days ago
Tesla sells the car to a bank, and the bank leases it to the customer. For leases done through Tesla directly, Tesla just talks to the bank for you.
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ceterum_censeo 3517 days ago
Sorry, not trying to be difficult, but this doesn't clear things up for me. Are you saying that Tesla does not lease directly to the consumer?
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