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Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

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. In fact, Car and Driver wrote about it a year ago.

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Biden Administration mulls over reprieve from EV tax credits for automakers

Teslarati

One of the biggest concerns about the IRA’s requirements for EV tax credit eligibly regards battery packs, cells, and the materials used to manufacture them. In March, the United States Department of Treasury published the battery sourcing guidance, which automakers must comply with to reap the tax credits from the IRA.

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The Tesla Model 3 RWD’s federal tax credit gets reduced to $3,750

Teslarati

The Tesla Model 3 RWD, the most affordable vehicle in the company’s lineup, will see its federal tax credit reduced from $7,500 to $3,750, as confirmed by an update on Tesla’s official Model 3 page. The reduction in the federal tax credit for the Model 3 RWD will take effect on April 18.

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Report: Tesla To Build Fabled Affordable Electric Car in Germany

The Truth About Cars

New reports state that Tesla is working toward an affordable EV model and note that it will produce the vehicles at its German location near Berlin. As these things tend to go with Tesla, the information came from an unnamed source, as reported by Automotive News. We’re back here again.

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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Tesla Model S, Model X, and Model Y receive new round of price adjustments in the US

Teslarati

With their price adjustments, the two flagship vehicles and Tesla’s best-selling car have become a bit more affordable for consumers. The reengineered Tesla Model 3 , which was launched in the United States last January, was not affected by the recent round of price cuts. Don’t hesitate to contact us with news tips.

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

Teslarati

That is, at least, unless one takes into account federal tax credits in the United States. With the IRA’s federal tax credit in place, the Model Y could effectively be more affordable than the Model 3 in the United States. Don’t hesitate to contact us with news tips.