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Tesla embraces new immediate EV tax credit system

Teslarati

Tesla has embraced the new immediate use of the EV tax credit, which was announced last year by the IRS and Department of the Treasury. In October , the IRS and Department of the Treasury announced that it would issue new guidance regarding the EV tax credit, with the changes taking effect in 2024. Buying an EV?

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New Tesla Model 3 Performance with federal tax credit is more affordable than Long Range AWD

Teslarati

With a starting price of $52,990, the reengineered Tesla Model 3 Performance is already a bang-for-the-buck vehicle. This is because among Tesla’s current Model 3 lineup, only the new Model 3 Performance qualifies for the $7,500 federal tax credit. Don’t hesitate to contact us with news tips.

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Tesla Model Y tax credit, Cadillac Vistiq EV reveal, Hyundai Ioniq 6: Today’s Car News

Green Car Reports

And which Tesla models will keep the EV tax credit in 2024? Tesla has already confirmed that the Model 3 Rear-Wheel Drive and Model 3 Long Range versions. Cadillac has revealed yet another electric SUV, on the way to a fully electric lineup. The Hyundai Ioniq 6 is one of our top picks of the year.

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Tesla Cybertruck tax credit and 48V, next-best EVs, House EPA pushback: Today’s Car News

Green Car Reports

The EPA is very optimistic about the Tesla Cybertruck qualifying for the EV tax credit. The House votes on what appears to be a broad misunderstanding of proposed EPA rules. The Cybertruck pulled off a shift to 48 volts. And why didn’t some EVs and PHEVs make the cut? This and more, here at Green Car Reports.

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Tesla India might still get lowered import taxes

Teslarati

The Indian government is reportedly finalizing a new import tax policy that might encourage Tesla and other foreign electric automakers to invest in India. According to people familiar with the matter, the Indian government is thinking of offering lowered import taxes to freight electric vehicle (EV) manufacturers.

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Tesla signals Model Y also losing full $7,500 tax credit

Electrek

Tesla is signaling that along with two trims of Model 3 losing all their federal tax credit next year, Model Y is also “likely” to lose part of the tax credits. more… The post Tesla signals Model Y also losing full $7,500 tax credit appeared first on Electrek.

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EV tax credit boost, Tesla Vision fail, Tesla and Texas: Today’s Car News

Green Car Reports

Texas doesn’t budge for Tesla. Safety agencies and consumer groups warn about Tesla Vision in the Model 3 and Model Y. And will Americans be able to get up to $12,500 with a re-upped EV tax credit? Legislation currently advancing in the Senate includes a provision to give the EV tax credit a big.