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Tesla stock climbs on tax credit inclusion, continuing stratospheric rise in 2023

Teslarati

Tesla stock ( NASDAQ: TSLA ) continued to climb on Friday following news that Model Y vehicles would completely qualify for electric vehicle tax credits. The stock rise through January was mostly caused by price cuts of up to $13,000 across its lineup , which increased demand and orders for its cars.

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Tesla Powerwall price drop rolls out in Australia again

Teslarati

Tesla dropped the price of its Powerwall in Australia–for the second time this year– making it more affordable than ever. An email to Tesla Powerwall installers in Australia revealed that the company reduced the price of its home battery storage option by $1,699. The Teslarati team would appreciate hearing from you.

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Tesla increases Model Y, cuts Model 3 prices in the U.S.

Teslarati

Tesla has increased prices on its Model Y all-electric crossover and cut prices on the Model 3 sedan. For the Model Y, it is the third price change the vehicle has had in the past month. All Model Y trims are now eligible for the $7,500 tax credit. All Model Y trims are now eligible for the $7,500 tax credit.

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Why Tesla Model Y tax credit inclusion is good for some and bad for others

Teslarati

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

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Tesla Model Y trim gets minimal price increase in China

Teslarati

Tesla Model Y Rear-Wheel-Drive units in China received minimal price increases of less than a percentage point this week. Tesla increased the price of the base Model Y trim level from 259,900 yuan ($38,167.27) to 261,900 ($38,460.97). percent increase in price and is relatively minimal, but still a slight uptick. It is only a 0.8

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Canada’s Budget 2022 calls for C$3.8B to launch Critical Minerals Strategy

Green Car Congress

billion) in funding to make zero-emission vehicles more affordable and to build a national network of charging stations. Critical mineral mining projects are expensive and come with a unique set of challenges that can often include remote locations, changing prices, and lengthy regulatory processes. Canada’s list of critical minerals.

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The Best Electric SUVs on the Market

EV Life

Like their electric car cousins, all-electric SUVs have come a long way—batteries have evolved to increase range and improve performance, new motors are providing impressive torque and towing capabilities, and prices have come down to make options more affordable, making these SUVs some of the most attractive sport utility options out there.

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