Remove Cars Remove Electric Vehicles Remove Tax Credit Remove Tesla
article thumbnail

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

article thumbnail

Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

The Tesla Model 3 Highland was recently launched in North America. Tesla Model 3 Highland leases are more affordable thanks to a loophole in the Inflation Reduction Act about commercial vehicles. Tesla calculated that Model 3 Highland lease payments would be $329 monthly, excluding taxes and fees.

article thumbnail

Tesla 2023 IRA Document For Tax Credit — How To Get It

CleanTechnica EVs

If you bought a Tesla in 2023 and are looking to get a tax credit from the US government, it. continued] The post Tesla 2023 IRA Document For Tax Credit — How To Get It appeared first on CleanTechnica.

article thumbnail

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.

article thumbnail

The 6 (Or 7) Fully Electric Cars That Can Now Get $7500 US EV Tax Credit

CleanTechnica EVs

The US federal tax credit for electric vehicles has been updated, and that means that some electric cars, trucks, and SUVs no longer qualify for the full tax credit — or even half the tax credit. That’s unfortunate, but the good […]

article thumbnail

Electric car US tax credit proposed to $12,500, less for Tesla vehicles

Electrek

A new bill to reform the federal electric car tax incentive in the US has passed the US Senate Finance Committee. It includes increasing the electric vehicle tax credit to up to $12,500, but it was expertly crafted to give less to Tesla vehicle buyers.

article thumbnail

Federal Tax Credit Rules For Electric Cars Delayed Until March

CleanTechnica EVs

The Inflation Reduction Act signed into law in August significantly altered the federal tax credit for electric cars. Previously, it was only available for the first 200,000 electric cars manufactured by any one automaker.