Tesla and General Motors are seeing the beginning of the end for crucial U.S. federal tax incentives needed to transition interested car shoppers into electric vehicle owners. The federal government years ago had placed a 200,000-vehicle cap, per automaker, on EV sales before tax incentives up to $7,500 would begin to be cut back. By the end of May, Tesla was estimated to be at about 194,000 EVs sold — including the Model S, Model X, Model 3, and Roadster — and GM was a little bit over 182,000, primarily through sales of the Chevrolet Bolt and Chevrolet Volt. Nissan was at about 120,000 through sales of the Leaf, and Ford finished May at nearly 108,000 EVs sold. Once a manufacturer hits the 200,000 EV mark, they’ll finish that quarter and will go one more quarter beyond at the $7,500 incentive level. A phase-out period begins with incentives cut […]