Teslarati
JANUARY 2, 2024
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. The Teslarati team would appreciate hearing from you.
Baua Electric
MARCH 13, 2024
Polestar points to a maximum charge rate of 250 kw, good for a 10% to 80% charge in 30 minutes, and estimated EPA range ratings (not yet official) at 279 or 315 miles. At launch, the entire 2025 Polestar 3 lineup will have dual-motor all-wheel drive, with an output of 489 hp and 620 lb-ft of torque, and a 111-kwh battery pack.
EV Life
JANUARY 4, 2024
Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?
Baua Electric
JANUARY 2, 2024
The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. Also of note: No Rivian electric truck qualifies for the full $7,500 tax credit amount in 2024, at this time. In 2025, the tax credit rules will be extended to mining, processing, and recycling of critical minerals.
Teslarati
DECEMBER 12, 2023
Tesla updated its configuration page recently, informing customers that select Tesla Model 3 variants will not qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit in 2024. As of this writing, the Tesla Model 3 RWD costs $38,990, and the Long Range variant costs $45,990. Below are Tesla’s price caps.
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