Electric Vehicle Incentives

The following federal income tax credits are available to anyone who purchases a new Tesla Model S, Model X or Model 3:

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
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

Current delivery timelines are 4 weeks for the west coast, 6 weeks for central and 8 weeks for the east coast. For delivery under 4 weeks, you can pick up your car directly from our Fremont factory.

Several states and local utilities offer additional electric vehicle incentives for customers, often taking the form of a rebate. Rebates can be claimed immediately after purchase, while tax credits are claimed when filing income taxes.

Many states also offer non-cash incentives, such as carpool lane access in California and free municipal parking.

All states$7,500 income tax credit (subject to phase out schedule above)
Arizona Reduced Vehicle License Tax, Carpool lane access and reduced rates for electric vehicle charging
California$2,500 rebate (based on income eligibility)
Connecticut$2,000 rebate for new Model 3 Rear Wheel Drive vehicles
Colorado$5,000 tax credit for purchase of a new vehicle
$2,500 tax credit for lease of a new vehicle
Delaware$1,000 rebate for new vehicles with a base price over $60,000
$3,500 rebate for new vehicles with a base price under $60,000
HawaiiCarpool lane access and reduced rates for electric vehicle charging
Louisiana $2,500 income tax credit
Maryland $3,000 Excise Tax Credit for new vehicles with a total price under $60,000
$700 rebate on wall connectors and installation
Massachusetts$1,000 rebate for new vehicles with a base price over $60,000
$2,500 rebate for new vehicles with a base price under $60,000
Nevada Reduced rates for electric vehicle charging
New JerseySales tax exempt
New York$500 rebate for new vehicles with a base price over $60,000
$2,000 rebate for new vehicles with a base price under $60,000
Pennsylvania $1,750 rebate for new vehicles with a base price under $50,000
(500 rebates available between January 1 and June 30, 2018)
Washington DC Excise tax exempt
All states
$7,500 income tax credit
Arizona
Reduced Vehicle License Tax, Carpool lane access and reduced rates for electric vehicle charging
California
$2,500 rebate (based on income eligibility)
Connecticut
$3,000 rebate for new vehicles with a base price under $60,000
Colorado
$5,000 tax credit for purchase of a new vehicle
$2,500 tax credit for lease of a new vehicle
Delaware
$1,000 rebate for new vehicles with a base price over $60,000
$3,500 rebate for new vehicles with a base price under $60,000
Hawaii
Carpool lane access and reduced rates for electric vehicle charging
Louisiana
$2,500 income tax credit
Maryland
$3,000 Excise Tax Credit for new vehicles with a total price under $60,000
$700 rebate on wall connectors and installation
Massachusetts
$1,000 rebate for new vehicles with a base price over $60,000
$2,500 rebate for new vehicles with a base price under $60,000
Nevada
Reduced rates for electric vehicle charging
New Jersey
Sales tax exempt
New York
$500 rebate for new vehicles with a base price over $60,000
$2,000 rebate for new vehicles with a base price under $60,000
Pennsylvania
$1,750 rebate for new vehicles with a base price under $50,000 and under
(500 rebates available between January 1 and June 30, 2018)
Washington DC
Excise tax exempt

All of the above incentives are available when purchasing a Tesla vehicle with cash or a loan. Only California, Colorado, Massachusetts, New York, and Tennessee incentives are available when leasing a Tesla vehicle.

Incentive programs are offered and administered by government agencies. Eligibility and availability vary and are outside of Tesla’s control. Most programs are limited to a total dollar amount that can be dispersed or will expire on a certain date. Be sure to visit the state program’s website for the most up-to-date information on availability and redemption requirements.

Your eligibility for income tax credits depends on your personal tax situation. We recommend speaking with a tax professional for guidance.

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