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New Tesla Model 3 Performance with federal tax credit is more affordable than Long Range AWD

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With a starting price of $52,990, the reengineered Tesla Model 3 Performance is already a bang-for-the-buck vehicle. This is because among Tesla’s current Model 3 lineup, only the new Model 3 Performance qualifies for the $7,500 federal tax credit. seconds that cost $53,000, after all.

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Tesla models eligible for IRA tax credits in 2024

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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. Most of Tesla’s other models—including the Model X—are eligible for the full tax incentives.

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General Motors sidesteps loss of EV tax credit to offer big discounts for customers

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General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for customers. In December, GM said it would temporarily lose eligibility for the credit on some of its cars. can qualify for EV tax credits.

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These are the EVs that still qualify for the $7,500 tax credit in 2024

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electric vehicle (EV) tax credit have taken effect, significantly limiting the number of qualifying options in 2024. Tesla is one of many automakers that saw some of its vehicles excluded at the turn of the new year, and only a handful remain across the industry. New rules for the U.S. What are your thoughts?

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

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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. The upgraded Tesla Model 3 is currently available in two variants.

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Kia looks to secure US federal tax credit for EV9 in 2025

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It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. By producing the EV9 in Georgia, the all-electric SUV could qualify for a partial EV tax credit.

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

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Tesla has implemented a series of price adjustments to the Model S, Model X, and Model Y. With their price adjustments, the two flagship vehicles and Tesla’s best-selling car have become a bit more affordable for consumers. As observed by Tesla community members, the Model S sedan has received a price cut of $2,000.