NewsFeeder
07-18-2018, 10:01 AM
German Tesla Model S owners ordered to repay EUR4,000 subsidy on electric cars
German owners of the Tesla (tsla) Model S have been ordered by a government agency to repay a 4,000 euros ($4,640) subsidy on electric vehicles, because the cars are to expensive to qualify for the government program. The Federal Office for Economic Affairs and Export Control, which goes by the acronym BAFA, said it has attempted to hold talks with Tesla in recent months on the issue, but has failed to reach agreement. The subsidy is available for electric cars that cost no more than 60,000 euros, which is the list price for the basic Model S. But Tesla has been unable until now to deliver the basic model to its German clients, and more expensive trims do not qualify.
https://finance.yahoo.com/m/fe9748bb-48e9-3861-a89a-6c2b80c4c0a1/german-tesla-model-s-owners.html?.tsrc=rss
German owners of the Tesla (tsla) Model S have been ordered by a government agency to repay a 4,000 euros ($4,640) subsidy on electric vehicles, because the cars are to expensive to qualify for the government program. The Federal Office for Economic Affairs and Export Control, which goes by the acronym BAFA, said it has attempted to hold talks with Tesla in recent months on the issue, but has failed to reach agreement. The subsidy is available for electric cars that cost no more than 60,000 euros, which is the list price for the basic Model S. But Tesla has been unable until now to deliver the basic model to its German clients, and more expensive trims do not qualify.
https://finance.yahoo.com/m/fe9748bb-48e9-3861-a89a-6c2b80c4c0a1/german-tesla-model-s-owners.html?.tsrc=rss