Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates
EV Life
APRIL 7, 2023
It states that “you may qualify for a tax credit up to $7,500 under IRS Code Section 30D if you buy a new, qualified plug-in EV or fuel cell electric vehicle (FCV)” anytime from 2023 to 2032. Qualified residents can receive grants of up to $5,000 in buy-down assistance and special financing, plus free vehicle charging and installation.
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