'An autopilot feature will be available for all Tesla models'
http://www.latimes.com/business/autos/la-fi-hy-tesla-model-x-tax-break-20151012-story.html Tesla Model X buyers could get $25,000 tax break Charles Fleming [20151012] [images http://www.trbimg.com/img-560b6994/turbine/la-fi-hy-tesla-motors-electric-cars-20150929-p-002 Tesla delivers the first of its Model X Tesla CEO Elon Musk shows off one of the first Model Xs to be delivered to customers (Tesla Motors) http://www.trbimg.com/img-561bc6ad/turbine/la-fi-adv-hy-tesla-shares-20151012 http://www.trbimg.com/img-560b69e4/turbine/la-fi-hy-tesla-motors-electric-cars-20150929-pictures Tesla CEO Elon Musk shows off one of the first Model Xs to be delivered to customers http://www.trbimg.com/img-560b6995/turbine/la-fi-hy-tesla-motors-electric-cars-20150929-p-001 The electric car company delivers the first of its long-delayed crossovers to a handful of buyers http://www.trbimg.com/img-560b6996/turbine/la-fi-hy-tesla-motors-electric-cars-20150929-p-005 ] Take heart, prospective Tesla buyers alarmed by the probable $100,000-plus price tag for the company's new Model X: You may qualify for a $25,000 tax break. Tesla has confirmed reports [ http://www.greencarreports.com/news/1100416_tesla-model-x-suv-qualifies-for-25k-hummer-tax-break ] that the falcon-winged all-electric SUV, because of its gross vehicular weight, may qualify for a federal tax break designed for heavy equipment. The tax break was originally intended to encourage farmers to invest in their businesses by spending more freely on equipment. A weight of 6,000 pounds was set as the limit. Vehicles weighing less, which includes most passenger cars and many light trucks, did not qualify. As an apparently unintended consequence, though, Section 179 of the IRS code also applied to certain automobiles, most notably the enormous Hummer vehicles sold by General Motors. The Hummer H1s and H2s weighed more than 6,000 pounds. A new Model X is said to weigh about 5,500 pounds, unladen. Its so-called "gross vehicular weight" would likely be over 6,000 pounds -- and qualify it for the tax break. The $25,000 windfall, available only to buyers who own businesses and are making the automobile purchase as a business investment, would be in addition to other official incentives. Tesla's Model X, as a non-polluting, zero-emissions, battery-electric vehicle, also qualifies for a $7,500 federal tax deduction and a $2,500 California state rebate. Tesla is particularly adept at using subsidies [ http://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html ] to market its cars, noting that the tax credits and state rebates help reduce the cost of ownership. The news of the tax break comes as the first Tesla Model Xs are beginning to roll onto California roadways. The company's second in-production vehicle, behind its $100,000 Model S electric four-door sedan, experienced repeated delivery delays. The first units were delivered to purchasers late last month, but the first round of deliveries was limited to only six vehicles [ http://www.latimes.com/business/autos/la-fi-hy-tesla-modelx-launch-questions-20150930-story.html ]. One went to company CEO Elon Musk. Those interested in buying a Model X can make deposits through the Palo Alto company's website. But they won't be told how much the car will ultimately cost. Tesla has not yet announced a base price for the vehicle. Musk has previously said the X would start at about $5,000 more than a comparably equipped Model S sedan, which would put the starting price at about $81,200 before federal and state electric car purchase incentives. The price could run much higher with options, as the average transaction price for a Model S is over $100,000. A Tesla spokesperson declined to address the tax break question. But Tesla spokeswoman Alexis Georgson told the online auto news organization Autoblog that a deduction "could be taken for up to $25,000 of the purchase price" of a new Model X. But analysts believe the vehicle price could be considerably higher than the Model S, and that the company may have difficulty fulfilling orders. Morgan Stanley Research analyst Adam Jonas said he estimates the price will be $25,000 more than the sale price of a Model S — "and easily $10k to $15k higher than we had expected," he wrote. [© latimes.com] http://iusbpreface.com/2015/10/14/tesla-takes-a-step-toward-self-driving-cars-with-imminent-9805/ Tesla Takes a Step Toward Self-Driving Cars with Imminent Software Upgrade Elsie Buchanan Oct 14, 2015 ... The Tesla Model X and Model S have 12 sensors at the bottom, a front-facing camera and a rear-view mirror and a radar system ... The autopilot feature will be available for all Tesla models ... [© 2015 The IUSB Preface] ... http://www.ocregister.com/articles/musk-687630-tesla-software.html Tesla unveils autopilot for electric cars Oct. 14, 2015 By SUSAN CARPENTER Tesla Motors on Wednesday announced a software update that will enable its electric cars to steer themselves along highways, automatically respond to other cars in traffic, look for parking spaces and park on command ... ... http://www.cityam.com/226618/elon-musk-is-about-to-put-thousands-of-driverless-cars-on-the-road-but-drivers-of-tesla-model-s-with-autopilot-have-been-warned-keep-your-hands-on-the-wheel Elon Musk is about to put thousands of driverless cars on the road - but drivers of Tesla Model S with Autopilot have been warned: Keep your hands on the wheel 15 October 2015 by Emma Haslett For EVLN EV-newswire posts use: http://evdl.org/evln/ {brucedp.150m.com} -- View this message in context: http://electric-vehicle-discussion-list.413529.n4.nabble.com/EVLN-Tesla-X-buyers-could-get-25-000-tax-break-tp4678111.html Sent from the Electric Vehicle Discussion List mailing list archive at Nabble.com. _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Read EVAngel's EV News at http://evdl.org/evln/ Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
