Elon Musk’s tax reimbursement plan zaps Tesla stock

Tesla’s stock slid nearly 8 percent on Christmas Eve after Chief Executive Elon Musk revealed a potentially costly plan to reimburse customers who miss a looming deadline for US tax credits on electric cars. Earlier this year, Tesla said orders for cars placed by Oct. 15 would be delivered by Dec. 31, the federal government’s...

from Technology News & Reviews | New York Post https://nyp.st/2Q0vfsX