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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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IRS invites consumers to comment on EV tax credit qualifications

Teslarati

The Internal Revenue Service (IRS) is inviting consumers to share comments on the electric vehicle tax credit qualifications. Tesla and electric vehicle supporters have been vocal about the Inflation Reduction Act’s qualified cars for the EV incentive. Credit: IRS.

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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.

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

Teslarati

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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Kia to begin EV9 production in the US by May, expects $7,500 EV tax credit eligibility by 2025

Baua Electric

Kia’s first three-row electric SUV is off to a good start. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Starting under $55,000, Kia calls its electric family move an “industry wake-up call.” The EV9 is expected to qualify for the full $7,500 tax credit by early 2025.

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Tesla to increase Model Y price in the U.S. next month

Teslarati

Tesla has announced plans to increase the price of its Model Y in multiple regions in the coming weeks, including in the U.S. According to a note on Tesla’s website , the price of all three Model Y configurations will increase by $1,000 in the U.S. also offer additional local tax credits on electric vehicles (EVs).

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Tesla stock climbs on tax credit inclusion, continuing stratospheric rise in 2023

Teslarati

Tesla stock ( NASDAQ: TSLA ) continued to climb on Friday following news that Model Y vehicles would completely qualify for electric vehicle tax credits. Tesla stock is up around 1 percent on Friday at 1:43 ET, but is climbing closer to $200 per share after nearly sinking below $100 levels earlier this year.