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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. may have been the deciding factor in the definition of an SUV being more widely available to vehicles that were on the cusp of qualifying.

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Tesla Model Y’s complete lineup now qualifies for EV tax credits through Inflation Reduction Act

Teslarati

Tesla’s complete lineup of Model Y trim levels now qualifies for electric vehicle tax credits through the Inflation Reduction Act, as the Internal Revenue Service (IRS) has increased the applicable MSRP limit to $80,000 across each of the all-electric crossover’s configurations.

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The Best Electric SUVs on the Market

EV Life

These spacious, versatile, and family-friendly vehicles offer drivers the best of many worlds in one, so it’s no surprise that the release of electric SUVs on the market was highly anticipated and met with excitement by EV fans and SUV enthusiasts alike. Which Electric SUVs Have the Most Range? The good news? The other upside?

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Tesla increases Model Y, cuts Model 3 prices in the U.S.

Teslarati

The Model Y crossover had several trim levels that, due to weight, did not meet the United States definition of an SUV and, due to its classification, was priced out of the $7,500 tax credit as non-SUV’s have a price limit of $55,000. All Model Y trims are now eligible for the $7,500 tax credit.

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First drive in the Kia EV9: The three-row electric SUV many consumers have been waiting for

Baua Electric

Three months after opening US orders for the long-anticipated three-row EV9 SUV, the folks at Kia invited media out to wine country to test drive it for the first time. They’ve definitely got Tesla beat though! That being said, the third row may very well still underwhelm some consumers.

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Polestar says Tesla is not the competition but Porsche’s new Macan EV is

Baua Electric

The Model Y starts at $44,990, and that’s before the $7,500 EV tax credit. The new Polestar 4 electric SUV Coupe starts at $56,300 (including destination), with prices going up to $74,300. Lambert said, “The target for us would be something like [the] Porsche Macan EV – a coupe SUV now pure electric.

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Here are all the used EVs that qualify for a $4,000 tax credit

Baua Electric

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.