Hey everyone, DennisCW here! If you've been following the EV world, you know the buzz around the $7,500 federal tax credit is reaching a fever pitch—especially for Tesla buyers. I've been getting tons of questions about what happens once it ends, and in my latest video, I dove deep into this topic with some insights from Sawyer Merritt. Let's break it down in this blog post, plus I'll share some essential Tesla accessories to enhance your ownership experience.
It seems like everyone's scrambling to lock in their Tesla orders before the credit vanishes. And honestly, that makes total sense! If you're not willing to gamble on future incentives, dropping a $250 deposit now secures your spot. You can always wait and see what Tesla has in stock without much risk.
But what comes next? Sawyer shared some spot-on thoughts: "I see some people thinking that Tesla and everyone else is just losing the $7,500 federal tax credit, that Tesla will just lower the price by $7,500 for vehicles that were eligible. But I don't think that's going to happen. In quarter 4, Tesla will likely launch the Model Y L, the new Model Y performance, and maybe something else too, which will help sales. If Tesla does lower the price for the current Model Y, it probably wouldn't be more than a few grand."
I totally agree. I've been saying for a while that any price adjustment might top out at $2,000 to $3,000. Why? Tesla isn't just sitting idle—they've got exciting launches lined up for Q4, like the refreshed Model Y variants, which could boost sales without drastic cuts.
Things get interesting with competitors stepping up. Brands like Lucid are already matching the $7,500 credit through their own incentives, which could pressure Tesla. If more OEMs follow suit, public perception might force Tesla's hand to offer something similar. However, Tesla could play it cool for a month or so, relying on their new models to drive demand.
The big question is timing: If an affordable model drops on October 1st, can deliveries ramp up quickly? Tesla has factories churning out the Model Y all-wheel drive, so they might not need huge discounts to hit sales targets. Plus, with Tesla's pivot toward AI, robotaxis, Optimus, and other ventures, raw vehicle sales might not be the sole focus anymore. Sure, revenue matters, but they could weather a few softer quarters while building for the future.
What do you think? Will Tesla slash prices significantly, or stick to minor tweaks? Drop your thoughts in the comments below!
As we navigate this post-credit era, I'm curious about what would sway you to buy or upgrade your Tesla. Are you eyeing:
Share your ideas—I love hearing from the community and might feature them in a future video!
Now that you've snagged (or are about to snag) your Tesla, did you know it comes with zero accessories? Not even a basic phone mount! But don't sweat it—I've got recommendations from my go-to partner, Jowua, whose products I use daily.
Here are my must-haves for every Tesla owner:
Jowua goes beyond the basics too:
Best part? Use my promo code (check the video description) to save money and support the channel. Plus, get free shipping on orders over $120! Head to the link below to shop—thanks to Jowua for partnering with us.
Shop Jowua Accessories Here
(Note: Replace with actual link in the final post.)
The end of the $7,500 tax credit is a big shift, but Tesla's innovation and potential incentives could keep things exciting. Whether it's new models or clever pricing, the EV landscape is evolving fast. What are your predictions? Let me know, and stay tuned for more updates!
Drive safe, and thanks for reading! 🚀
-DennisCW
Tesla enthusiast and EV expert. Sharing tips on maximizing your Tesla ownership experience.