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Why Tesla Model Y tax credit inclusion is good for some and bad for others

Teslarati

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

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Tesla starts promoting Model 3 and Model Y’s IRA-adjusted prices

Teslarati

As could be seen in the official web pages of the Model 3 and Model Y, Tesla is now highlighting the vehicles’ estimated costs with the incentives from the Inflation Reduction Act (IRA) applied. Credit: Tesla Credit: Tesla Over on Twitter, Tesla is implementing a similar strategy. ” Tesla stated.

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Cost Parity?: Two Dozen EVs “Available” in the US Start At Less Than $45,000

EV Adoption

One of the top hurdles to EV adoption in the US is the often touted issue that EVs simply cost more than similar gas-powered vehicles. Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. Cost Parity?

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Why Fleet Owners Are Electrifying Their Vehicles This Year

Blink Charging

Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations. That means that while motorcyclists could claim tax credit in 2021, they can no longer do so.

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Anaheim Police to deploy Tesla Model Y cruisers this week

Teslarati

While the press release didn’t disclose how much the department paid for the Model Y units, the most affordable inventory Model Y on Tesla’s website in the Anaheim area is selling for $41,390 before tax credits. and beyond ) have been switching to EVs for their cost-savings on maintenance and fuel in recent years.

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How To Reduce EV Charging Station Costs

EV Connect

Unfortunately, many assume the costs of installing and maintaining EV stations would make them unviable for their business. Largely, these are grouped into two categories: incentives that help refund or pay for installation and maintenance , or cost-reduction programs that knock down the charges before they even hit your bank.

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Tesla just made leasing a Model 3 or Y more affordable than ever

Teslarati

Tesla’s leasing program gives people the opportunity to have an EV for a slightly smaller cost than owning the vehicle outright, and the terms are variable, just as any other automaker offers. These prices do not include potential savings from gas and maintenance. Tesla saw a 5.5 Tesla saw a 5.5