Tesla Model 3 buyers lose patience and maybe tax credits

 


DETROIT (AP) — In March of 2016, Keith Reynolds flew from California to Atlanta so he could claim his spot in line at 4 a.m., and get a three-hour head start on his West Coast competitors.

Tesla was taking $1,000 deposits for its new electric car, the Model 3, priced starting at $35,000. And Reynolds had to have one. He managed to land near the top of the waiting list.

Flash forward more than two years, through much-publicized production delays. Reynolds is still waiting.

And now, like others in the U.S. on a waiting list of about 420,000 worldwide, he worries that the looming phaseout of a $7...



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