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IRS invites consumers to comment on EV tax credit qualifications

Teslarati

The Internal Revenue Service (IRS) is inviting consumers to share comments on the electric vehicle tax credit qualifications. Tesla and electric vehicle supporters have been vocal about the Inflation Reduction Act’s qualified cars for the EV incentive. Credit: IRS. Follow us for interactive news & more.

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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). What is less clear is how Tesla and GM will handle leases.

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Tesla Model 3 Lifecycle Cost Nearly Matches The Cheapest Car In America!

CleanTechnica EVs

When I saw the news that all Tesla Model 3 vehicles now qualify for the the full $7,500 federal tax credit, I knew it was time to write a new lifecycle analysis, or total cost of ownership (TCO) article. My last article like this (almost a year ago) was backward looking at the actual costs […]

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Tesla to bring LFP battery supply chain to US – Bloomberg News – ET Auto

Baua Electric

This year, Tesla’s cheapest cars, the Model 3 compact sedan, lost tax credits for the purchase of EVs under the Inflation Reduction Act. Tesla, Nevada Economic Development Bureau and CATL did not immediately respond to Reuters requests for comment.

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Tesla Model 3 made cheaper than ever before due to inflation

Teslarati

The Tesla Model 3 has become cheaper to buy than ever before, thanks to a recent price cut and inflation over the past four years. When the $35,000 Tesla Model 3 arrived (and quickly departed) in 2019, it was heralded as the electric vehicle for the everyman, a Volkswagen Bug for the modern era. What do you think of the article?

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Tesla Model 3 receives full EV incentives with new loophole

Teslarati

The Tesla Model 3 now qualifies for the full $7,500 EV incentive thanks to a new loophole in the tax incentive system. However, according to a new report from Bloomberg , buyers have identified a new loophole allowing them to get the vehicles they want. What do you think of the article?

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Why are there so many conflicting reports on Tesla’s Giga Berlin battery plans?

Teslarati

Tesla is putting Giga Berlin’s battery plans on hold. Tesla is moving forward with Giga Berlin’s battery plans. The conflicting headlines continue and according to the most recent report by Auto News , Tesla is shifting its resources away from Berlin to Texas in order to receive benefits from the Inflation Reduction Act.