Tesla (TSLA) customers may be able to take advantage of a $25,000 tax break when they purchase the Tesla Model X.
Source: Tesla
The Tesla Model X will likely start at $81,200 and weighs just over 6,000 pounds according to company CEO Elon Musk. The $25,000 tax break isn’t the only way to knock down the sticker price of the Model X. There’s also a $7,500 federal income tax credit and a $2,500 rebate for those living in California, L.A. Times notes.
“Yes, the curb weight of Model X is 5,441 lbs,” Alexis Georgeson, a Tesla spokesperson, told SlashGear. “So we expect the GVWR to exceed 6,000 lbs. This means a Section 179 deduction could be taken for to up to $25,000 of the purchase price.”
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