X @Elon Musk

RT Sawyer Merritt (@SawyerMerritt)There’s been some confusion about the $7,500 federal EV credit in the US being “extended.” It’s not, the credit still ends on September 30th.But on August 21, the IRS clarified that EV buyers have some new flexibility. Let me explain:• If you sign a binding purchase contract + make a payment (even a small downpayment or trade-in) before Sept 30, you lock in eligibility.• The car doesn’t have to be delivered by Sept 30. You can take delivery later.• The credit is only applie ...