Part 3/14:
Starting in 2024, Tesla consumers can now receive the $7,500 EV rebate at the point of purchase rather than waiting until tax season. This change is likely to stimulate immediate sales. However, there's concern that a potential adverse outcome of the upcoming U.S. presidential election—particularly if Donald Trump wins—is the rollback of these credits, which currently benefit Tesla's competitiveness against non-U.S. rivals, especially Chinese EVs penetrating the U.S. market.