Remove Affordable Remove Available Remove North America Remove Tax Credit
article thumbnail

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. Tesla models eligible for IRA tax credits in 2024 The loophole lies in the IRA’s tax credit qualifications for commercial vehicles.

article thumbnail

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. With some of Tesla’s vehicles losing access to the credit in 2024, one Model 3 configuration is currently looking more appealing than ever. However, sightings of the Model 3 Highland in the U.S.

article thumbnail

Upgraded Tesla Model 3 Long Range Dual Motor AWD gets minor price increase

Teslarati

Just weeks after its initial release in North America, the upgraded Tesla Model 3 Long Range Dual Motor All wheel Drive (AWD) has seen a minor price increase. The upgraded Tesla Model 3 is currently available in two variants. That is, at least, unless one takes into account federal tax credits in the United States.

article thumbnail

J.D. Power launches EV Index; measuring roadblocks to EV adoption, parity to gas-powered vehicles

Green Car Congress

On Tuesday, the EV Index score was 47 (based on the most recent available data from November 2022), with some categories improving and others declining during the 12-month pilot period. The EV Index score and accompanying analysis will be available monthly. Availability. Affordability. Infrastructure.

Power 199
article thumbnail

Anaheim Police to deploy Tesla Model Y cruisers this week

Teslarati

While the press release didn’t disclose how much the department paid for the Model Y units, the most affordable inventory Model Y on Tesla’s website in the Anaheim area is selling for $41,390 before tax credits. Many police departments across the U.S. (

Tesla 140
article thumbnail

Progress! IRA signed into law

Electric Auto Association

EV provisions The legislation creates a new and used EV tax credit, extending the tax credit on some new EVs to 2032 while shifting tax incentives to more affordable models that are manufactured in North America. has a free trade agreement, or with materials recycled in North America.

article thumbnail

GM ready to unleash next cycle of EV growth after record Q2 revenue

Baua Electric

GM said stronger pickup and SUV sales in North America fueled the earnings growth. GM calls the electric SUV a “game changer” with over 300 miles range, a tech-loaded interior, and an affordable starting price. GM claims the Equinox is the “most affordable” EV with over 315 miles range. GM’s revenue rose 7.2%

GM 52