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Tesla models eligible for IRA tax credits in 2024

Teslarati

JANUARY 2, 2024

The most significant changes to the IRA related to EV components sourced from foreign entities of concern (FEOC), which included countries like China, Iran, North Korea, and Russia. The IRS implemented some changes that affected some electric vehicle models on sale in the US market. The Teslarati team would appreciate hearing from you.

Tax Credit 119
Tax Credit Tax North Korea Iran 119
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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

JANUARY 4, 2024

On the one hand, the (up to) $7,500 tax credit is now available right away at the point of sale, eliminating the wait time and allowing drivers to apply their savings directly to the purchase of their vehicle at the dealership—which is great for consumers. In addition, battery sourcing requirements can also affect a vehicle’s eligibility.

Tax Credit 52
Tax Credit Tax Personal F-150 52
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