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Tesla models eligible for IRA tax credits in 2024

Teslarati

The base Model 3 and Long Range variant no longer qualify for the IRA tax credits. The most significant changes to the IRA related to EV components sourced from foreign entities of concern (FEOC), which included countries like China, Iran, North Korea, and Russia. The Teslarati team would appreciate hearing from you.

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2025 Polestar 3 starts at $74,800 and 315 miles, US deliveries in Q2

Baua Electric

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.

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What happened to the Tesla Cybertruck & Model 3’s IRA tax credit eligibility? 

Teslarati

The Tesla Model 3 and FEOC As of January 1, 2023, the Tesla Model 3 Rear-Wheel Drive (RWD) and Model 3 Long Range (LR) are no longer eligible for the full $7,500 EV tax credits under the IRA. China, Russia, and North Korea are on the list of FEOC nations. Meanwhile, the Cybertruck RWD isn’t available yet.

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Select Tesla Model 3 variants to lose $7,500 tax credit by 2024

Teslarati

As of this writing, the Tesla Model 3 RWD costs $38,990, and the Long Range variant costs $45,990. The Tesla Model 3 Rear-Wheel Drive (RWD) and the Long Range variant qualify for the IRA’s $7,500 tax credit until December 31, 2024. Meanwhile, the Model 3 Performance starts at $50,990 before options.

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Which 2024 EVs qualify for the $7,500 EV tax credit?

Baua Electric

1, any vehicles with key battery components sourced from a “foreign entity of concern”—China, Russia, Iran, or North Korea— will be disqualified in 2024 , as will corporate subsidies if a “parent entity” from one of those countries directly holds more of 50% of the automaker’s interest. Starting Jan.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

In addition, battery sourcing requirements can also affect a vehicle’s eligibility. The full $7,500 tax credit is split into two parts, each worth $3,750. Vehicles can qualify for none, both, or either of these credits. or a trade partner.

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Space Station Incident Demands Independent Investigation

Cars That Think

Finally, on the last available in-range pass, controllers tried a new command format that the onboard computer did recognize and acknowledge. As it crossed over Russian ground sites, controllers in Moscow sent commands, and the spacecraft didn't answer. The mission—and the entire ISS project—was saved, and the American side never knew.

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