Outstanding tax credits

[crozbee]

As someone who was considering a Tesla Model Y for my first EV I discovered the Mach E since it's similarly priced. However, with the current federal tax credit of $7,500 this obviously is very favorable to the Mach E and I am close to placing a reservation for a GT model. My question is, do we know how many EVs Ford has sold? If I make a reservation today for a GT that I may not receive until 2022, am I at risk of missing out of the EV credit? In other words, is Ford anywhere close to the 200K EVs where the tax credit is eliminated?

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[SteelMach]

You check here: https://www.irs.gov/businesses/irc-30d-plug-in-electric-drive-motor-vehicle-credit-quarterly-sales to find out how many vehicles each automaker has sold.

Ford closed 2020 with 126,641 EVs sold. There is no way they cross 200,000 in 2021.

 

[crozbee]

Ah, great source. Thank you!

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