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Report: Tesla delivering 1,000 cars per day

by Justin King

Elon Musk has reminded buyers that Tesla's $3,750 tax credit will cut in half again on July 1.

Tesla is reportedly maintaining a delivery rate of around 1,000 vehicles per day in North America this month as buyers hurry to finalize purchases before the company's federal tax incentive is cut in half again.

The automaker plans to deliver at least 7,000 more vehicles over the next seven days and expects purchases to increase in the last week of the quarter, according to .

"US tax credit of $3,750 drops in half for Tesla on July 1," CEO Elon Musk wrote on Twitter. "Order online in a few mins at Tesla.com. Return in 7 days for full refund."

The executive recently voiced optimism that Tesla would post a record quarter in terms of vehicle deliveries, arguing that media reports were incorrect in speculating that demand for the Model 3 was beginning to wane.

The company's previous quarterly record of 90,700 vehicles was set in the final three months of 2018. Looking forward to the second half, Tesla's federal tax incentive is set to drop from $1,875 to zero at the end of the year. It is unclear if the declining tax incentives will have a negative impact on sales.

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