As predicted Tesla has officially sold over 200,000 vehicles in the US, which has triggered the phase out of the $7,500 federal tax credit for electric vehicles. Buyers have until the end of 2018 to get the full federal tax credit, since starting on January 1, 2019, the tax credit will be cut in half to $3,750.

Tesla Model S

If the US government fails to intervene, the tax credit only Tesla vehicles will only sit at $3,750 for the first six months of 2019 and starting in Q3 2019, the credit will be cut in half again to $1875 until the end of 2019.

Tesla is now making buyers aware of the change and has updated its website to reflect the updated tax incentives:

Tesla Federal Tax Credits

This means that Tesla is the first automaker to surpass the 200,000 threshold, which will soon be followed by General Motors and Nissan.