Tesla urges potential US buyers to place orders soon due to limited vehicle supply this quarter amid changes to tax laws that eliminate the $7,500 EV credit. CFO Vaibhav Taneja stated that the company cannot guarantee deliveries for orders placed later this month. The House passed legislation ending this credit, impacting Tesla’s sales and favoring smaller rivals. Tesla is offering incentives such as free supercharging and discounts to mitigate the situation while navigating the effects of tariffs that increase costs.
"Given the abrupt change, we have limited supply of vehicles in the US this quarter. If you are in the US and looking to buy a car, place your order now as we may not be able to guarantee delivery orders placed in the later part of August and beyond."
"The law also ends the $7,500 EV tax credit awarded to buyers on September 30, which analysts saw as a win for smaller rivals such as Lucid and Rivian, who are less dependent on the credit."
"Tesla began offering perks such as free supercharging on select models, a one-month free trial of Full Self‑Driving, and a $1,000 discount for 'American heroes' like military members, teachers, and first responders."
"While we are doing our best to manage these costs, the Trump administration's tariffs are also raising costs for the automaker."
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