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Tesla models eligible for IRA tax credits in 2024

Teslarati

As everyone greets the new year, Tesla updated its website according to the Inflation Reduction Act’s (IRA) requirements for the electric vehicle (EV) tax credits. The Tesla cars eligible for IRA’s $7,500 tax credit are listed below with their prices. The Teslarati team would appreciate hearing from you.

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What happened to the Tesla Cybertruck & Model 3’s IRA tax credit eligibility? 

Teslarati

As the new year rolled in, Tesla updated its website to inform customers about its vehicles’ eligibility under the Inflation Reduction Act’s (IRA) new qualifications. While many Tesla vehicles qualify for the IRA’s tax credits for electric vehicles (EVs), two Model 3 variants and the Cybertruck were left out of the current list.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. However, some automakers have indicated that they will make the necessary changes to their pricing, sourcing, or manufacturing in the coming year to place some models back on the list.

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Select Tesla Model 3 variants to lose $7,500 tax credit by 2024

Teslarati

jobs … paving the way for an electric transportation future that’s built here in America.” 300,000 for married couples filing jointly $225,000 for heads of households $150,000 for all other filers The IRA guidance also includes a price cap, which may include optional equipment physically attached to the electric vehicle.

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Which 2024 EVs qualify for the $7,500 EV tax credit?

Baua Electric

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. Also of note: No Rivian electric truck qualifies for the full $7,500 tax credit amount in 2024, at this time. It’s all part of a comprehensive push from the Biden administration to foster a domestic supply chain for EVs.