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Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

The bill allocates $369 billion for programs that help fight climate change and preserve the environment, and it also includes a number of revamped EV tax credits. This should go in line with Tesla’s ramp of its 4680 cells , which are expected to help the company reduce its vehicle production costs.

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Volkswagen ID.4 with SK ON battery components eligible for full $7,500 tax credit in 2024

Teslarati

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 units with batteries from SK On qualify for federal tax credits. Hyundai & Kia take second place after Tesla in US EV sales Customers interested in purchasing a MY 2023 or MY 2024 ID.4

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

How can you claim up to $7,500 off some new Tesla models at the time of purchase? With $7,500 of “retail bonus cash”—a rebate on purchases, not leases–the 2024 Hyundai Ioniq 6 is much cheaper than the Tesla Model 3. Toyota also dismisses the viability of an affordable EV —in this case, specific to the European market.

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Feature: Bridging the EV Affordability Gap

Clean Fleet Report

Rebates & Tax Credits Don’t Help Most Americans. Even though there are generous EV tax credits, rebates from states and utilities, and other incentives that can save drivers $10,000 or more per EV, most people aren’t aware these programs even exist. EV Climate Loans Help Close the Incentives Gap.

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This Volkswagen EV Now Comes with Full Tax Credit Benefits

The Truth About Cars

4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. 4, which start at a base MSRP of $38,995 before the tax credit, a more budget-friendly option in the electric SUV segment. 4 models is conditional on future battery production and may be subject to change. 4 The 2023 ID.4

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Tesla launches Quicksilver paint option for US Model Y inventory units

Teslarati

These Quicksilver Model Y units now seem to be available for purchase through Tesla’s Inventory page. A look at Tesla’s Inventory page for the Model Y shows that several vehicles in Quicksilver are currently available for purchase. Don’t hesitate to contact us with news tips.

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Why Tesla Model Y tax credit inclusion is good for some and bad for others

Teslarati

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.