IRS Will Stop Handing Out Subsidies To Tesla Buyers In 2020
Michael Bastasch on December 14, 2018 The Treasury Department announced it would phase out electric vehicle subsidies for Tesla buyers at the beginning of 2019, and by 2020, those tax subsidies would completely disappear. It’s an announcement the Treasury Department’s Internal Revenue Service (IRS) will be making more of in the coming years as automakers…