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Tesla offers rare year-end discounts on 2 top-selling models

KIFI

By TOM KRISHER
AP Auto Writer

DETROIT (AP) — Tesla is offering rare discounts through year’s end on its two top-selling models, an indication that demand is slowing for its electric vehicles. The Austin, Texas, company started offering a $3,750 incentive on its Model 3 sedan and Model Y SUV on its website earlier this month. But on Wednesday it doubled the discount to $7,500 for those who take delivery between now and Dec. 31. The move comes ahead of a new federal tax credit of up to $7,500 that’s scheduled to take effect Jan. 1. Until the new year, Teslas weren’t eligible for a previous federal tax credit program because the company had reached a limit of 200,000 vehicles sold.

Article Topic Follows: AP National Business

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