Tesla Roadster buyers can apply for $5,000 rebate

Cashing out $109,000 for a 2008 Tesla Roadster may hurt your bank account a little (or a lot depending on your income) but there’s a rebate that few are aware of that can help alleviate some of the burden. According to Tesla’s co-founder and former CEO Martin Eberhard, Tesla does not advertise a rebate from the California Air Resources Board that is available to those purchasing an electric-car.

“Strange that Tesla does not mention this rebate to its customers (at least not to us),” Eberhard said. “We heard about this program from a friend who drives a natural-gas Honda Civic.”

The CARB said rebates of up to $5,000 are available until March 31, 2009 or until funding runs out. $1.8 million were directed toward vehicle incentive rebates to promote the purchase of alternative-fuel vehicles. The rebate applies to cars like the Honda Civic GX, ZAP electric-cars and the Tesla Roadster

The Tesla Roadster qualifies for the highest rebate amount of $5,000.


Source: TeslaFounders (via InsideLine)