Tesla sold about 55,000 Model 3s in the Third quarter. Estimates are for about 62,000 to be sold in the fourth quarter. 2019 has a lot of uncertainty.
The backlog of orders is being delivered in 2018.
Tesla has significant growth opportunities for the Model 3. These include leasing and lower-price variants and by starting international deliveries to China and Europe.
The federal tax credits for $7500 per can will phase out in 2019. California has a $2,500 subsidy for electric-car purchases.
Federal Tax Credit For Vehicles Delivered $7,500 On or before December 31, 2018 $3,750 January 1 to June 30, 2019 $1,875 July 1 to December 31, 2019
Other states have tax rebates for electric car purchases.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
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