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Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

The Tesla Model 3 Highland was recently launched in North America. Tesla Model 3 Highland leases are more affordable thanks to a loophole in the Inflation Reduction Act about commercial vehicles. As customers scoured the updated Model 3 Highland configurator page, a few noticed that Tesla included a $7,500 incentive under leases.

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Tesla’s cheapest Model 3 with the 2024 tax credit might surprise you

Teslarati

Treasury’s updated guidance on the federal electric vehicle (EV) tax credit has officially taken effect. The Tesla Model 3 Long Range (LR) and Rear-Wheel-Drive (RWD) configurations are no longer eligible for the $7,500 tax credit as of January 1. However, sightings of the Model 3 Highland in the U.S.

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Tesla Model Y deliveries start in Malaysia

Teslarati

As of this writing, Tesla Malaysia’s official website does not offer customers the option to customize Model 3 Highland orders. Customers may choose between Tesla’s inventory of Model 3 Highland units or schedule a test drive. Malaysians can avail of generous incentives when purchasing a Tesla.

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Tesla rivals face rising inventory — and it’s becoming an issue

Teslarati

Cox also found that about 51% of consumers are now considering the purchase of a new or second-hand EV. The Model Y became the world’s best-selling vehicle by volume in the first quarter of the year, and the Model 3 is expected to see a rise in sales following the release of its highly-anticipated Project Highland update.

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Tesla Model 3 Performance bows with adaptive suspension, track mode

Baua Electric

A new Tesla Model 3 Performance based on the refreshed Model 3—codenamed “Highland” by the automaker—is now available to order in the U.S. The Model 3 Performance gets the same revised styling previously seen with the Highland update , which have been available in the U.S. Tesla quotes 0-60 mph in 2.9 since January.

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2024 Hyundai Ioniq 6 undercuts Tesla Model 3 by more than $9,000

Baua Electric

A dealer bulletin shows that all versions of the 2024 Ioniq 6 are eligible for $7,500 in “retail bonus cash”—a rebate that can essentially be applied only to purchases, and not with Hyundai’s current low-interest financing, CarsDirect notes. and starts at $40,380 including destination.

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Hyundai undercuts Tesla Model 3 by $9,300 with 2024 IONIQ 6 special cash offer

Baua Electric

Hyundai is offering a $7,500 purchase incentive on the 2024 IONIQ 6. It’s essentially like receiving the full EV tax credit with a new purchase. In comparison, the new Tesla Model 3 Highland starts at $40,380 (including destination). Like the IONIQ 6, Tesla’s Model 3 is no longer eligible for the IRA tax credit.

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