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Tesla price cut: Model Y undercuts Model 3 by $5,000 with tax credit

Baua Electric

Tesla on Saturday once again cut prices on several of its models for the U.S. Both are eligible for the $7,500 EV tax credit, cutting the effective price for many households to just $37,130 and $42,130 respectively. The Model 3 also doesn’t qualify for the EV tax credit. 2024 Tesla Model Y. at Fremont.

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Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

EV Life

That’s why it’s no surprise that the high sticker price of many electric vehicles, particularly Tesla models, has long been one of the main deterrents for people looking to buy a new car, truck, or SUV. Which brings us to Tesla. Tesla’s electric vehicles are by far the most popular EVs in the country. Not anymore.

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Some California Buyers Could Get a Tesla Model 3 for Less Than a New Toyota Camry

The Truth About Cars

If you’re shopping on price alone and live in California, the choice might become a lot simpler after this news. Reuters recently reported that the Model 3 can become less expensive than a new Camry if buyers can capitalize on federal and California state incentives. Image: Tesla] Become a TTAC insider.

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More than a third of US EVs are sold in California

Baua Electric

EV sales are still booming in California—and they continued to capture an even larger piece of the market in 2023. of the market in California while they amounted to 7.5% of the market in California while they amounted to 7.5% of sales in 2023, down from 71.6% 2023 Tesla Model Y – Courtesy of Tesla, Inc.

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Colorado approves goal to make 82% of car sales electric by 2032

Teslarati

Colorado has voted to approve a new standard on the adoption of electric vehicles (EVs), with an additional goal set for 2032 and new guidance for increasing EV sales beginning in 2027. Notably, the release says that the standard does not prohibit the sale or use of non-electric vehicles with internal combustion engines (ICEs).

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Tesla Model Y trim gets minimal price increase in China

Teslarati

Tesla Model Y Rear-Wheel-Drive units in China received minimal price increases of less than a percentage point this week. Tesla increased the price of the base Model Y trim level from 259,900 yuan ($38,167.27) to 261,900 ($38,460.97). In early January, Tesla cut prices of the Model 3 sedan and Model Y crossover by between 6 and 13.5

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Tesla Energy x SPAN pair up to offer a home battery storage bundle

Baua Electric

Image: SPAN Tesla Energy and smart electrical panel maker SPAN have launched the SPAN + Tesla Powerwall 3 bundle, a smart home battery backup system. The bundle costs $11,500, excluding installation and taxes. The SPAN + Tesla Powerwall 3 bundle has 13.5 The SPAN + Tesla Powerwall 3 bundle has 13.5

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