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Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

The Texas-based automaker noted that the $7,500 EV lease incentive would be distributed across the lease term. Tesla calculated that Model 3 Highland lease payments would be $329 monthly, excluding taxes and fees. EVs that qualify for the full $7,500 tax credit must be follow the IRA’s assembly and battery requirements.

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Texas now offering $2,500 EV rebate for Tesla’s Model 3, Y and S units

Teslarati

The state of Texas is now offering rebates on select electric vehicle (EV) purchases including some Tesla models, as made available through a limited-time grant program. To apply for the Texas EV rebate, drivers simply have to follow the instructions and fill out the appropriate application forms, which can be found here.

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Texas installs another big solar + battery storage project

Baua Electric

Photo: Enel North America Power-hungry Texas needs solar and battery storage to help meet demand and balance the grid, so its largest utility-scale storage operator is delivering. The project pairs a 186-megawatt (MW) solar farm with 115 MW/169 MWh battery storage. It’s expected to add more new grid battery capacity in 2024 – 6.4

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Tesla’s proposed TX lithium refinery takes step forward as school district ratifies tax abatements

Teslarati

Tesla’s proposed lithium refinery in Texas seems to have taken another step forward after a South Texas school district approved an incentives agreement for the project. million on property taxes over that period. The representatives also said that Tesla’s lithium battery production process would use less water. .

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Environmental groups look to halt Tesla’s battery plant permits at Gigafactory Texas

Teslarati

Environmentalists and activist groups are setting their sights on Tesla’s Gigafactory Texas. In a letter to Mayor Steve Adler, the groups called on the city to withhold permits for the electric vehicle maker, including Giga Texas’ dedicated battery cathode facility. Read the group’s full letter to Giga Texas below.

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Texas goes big on solar + storage that can power 41,000+ homes

Baua Electric

Photo: Cypress Creek Renewables A 208-megawatt (MW) solar farm with 80 megawatt hours (MWh) of storage has come online west of San Antonio, Texas. Solar + storage developers Cypress Creek Renewables brought Zier Solar + Storage online in Brackettville, Texas, on May 2, 2024. Texas is No 1 in the US for solar capacity.

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With gas phase-out in view, Europe could lose $160 billion in fuel taxes

Teslarati

With Europe’s gas phase-out plans now within view, the countries there could be set to lose significant funding from fuel taxes in the coming years. Still, the change could have some latent effects, especially as most countries get crucial revenue from taxes on gas. What about in other countries?

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