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Increased EV incentives

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How is it less expensive?

Less paperwork for the government, although they don't get the "float" on your money.
It's obviously better for EV sales, if you buy an EV on Jan 2 of any year, you might have to wait 13 months or longer for your credit (assuming you could file on February 1st of the next year, which is doubtful, more like most would not file until March or April, 15-16 months worst case).

An even bigger issue is if you are financing, you don't have to carry that $7,500 or $10,000 in extra interest & principal payments, making EVs more affordable (lower monthly payments)
 
A POS discount would be a major change and would increase the total cost of the program. The $7500 tax credit can only be used to reduce your tax liability; if you don't pay at least $7,500 in taxes, you can't (fully) use it -- and there are a lot of Americans who don't pay that much in income tax, even Americans who can afford a Model S.