Denmark’s tax increase on electric cars could be a blessing in disguise for Tesla
Last week Denmark’s new government announced that they plan on phasing out tax breaks for electric vehicles in the 2016 budget. The new provision would increase the price of all-electric cars significantly, but even more so for luxury vehicles like the Tesla Model S, which would see its price increase by ~180%.
It’s obviously bad news for electric cars in the mid- to long-term, but it could actually be a blessing in disguise for Tesla which needs to significantly increase sales in the short-term to achieve its 2015 delivery guidance. Expand