Tesla is witnessing significant investor excitement due to advancements in autonomy, AI, robotics, cars, and energy. However, the impending expiration of the $7,500 EV tax credit on September 30 raises concerns about reduced consumer affordability for Tesla vehicles. The company is actively encouraging consumers to act quickly to secure the discount, which may influence sales this quarter. As a result, delivery wait times for Tesla vehicles have now increased due to heightened demand as consumers seek to finalize orders before the tax credit's end. This situation underscores the urgency for buyers.
Recent reports indicate that Tesla's Model Y delivery wait times have increased from 1-3 weeks to 4-6 weeks, reflecting increased demand as consumers rush to take advantage of the $7,500 EV tax credit before it ends on September 30.
Tesla is actively reminding consumers through social media and emails that the $7,500 discount for electric vehicles will expire soon, emphasizing the urgency for potential buyers.
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