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Technology Stocks : Tesla EVs - TSLA
TSLA 284.96-3.4%4:04 PM EDTNews

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To: Eric who wrote (2310)11/5/2017 1:36:59 PM
From: A.J. Mullen   of 5537
 
If the federal tax credit is rescinded, they'll be an equal footing. In fact given that average selling cost will be substantially higher than that of the Bolt, the loss of the subsidy will probably hurt the Bolt more.

If it's not rescinded, the phase-out for will likely be underway for Tesla by the time Model 3 gets to the public. It's going to be a while before GM sells 200,000 Bolts, so the price-difference between the two cars will be substantial.

Ashley
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