I just watched the Tesla Financing video again, and it left me perplexed. The website seems to suggest that with financing, you need to put a down payment in the range of 10% to 15%. However, in the Tesla Financing video, Elon says that the financing allows the down payment to be covered by the tax credit. This isn't compatible with what the website suggests. Even a lower 10% down payment will be more than the $7500 provided by the tax credit. Also, it's not clear if this is just a play on words, or if the bank taking the tax credit in lieu of an actual down payment is actually part of the deal.
Can anyone clarify?
Please Login to Comment