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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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VW ID.4 tax credit, Porsche SUV price, Model Y tops sales charts, Lucid rival: Today’s Car News

Green Car Reports

Tesla has the top-selling vehicle on the planet, it claims. Porsche puts a price on its electric SUV. 4 EV buyers will be able to claim the full EV tax credit. 4 models qualify for the $7,500 EV tax. Lucid teases a Model Y rival. And many VW ID.4 This and more, here at Green Car Reports.

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Tesla price cut: Model Y undercuts Model 3 by $5,000 with tax credit

Baua Electric

Tesla on Saturday once again cut prices on several of its models for the U.S. market, as part of around-the-world price cuts. The base price of the Model Y rear-wheel drive has dropped $2,000 versus last week, to $44,630, while the Model Y Long Range AWD price has dropped by the same amount to $49,630. at Fremont.

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Tesla Temporarily Cut Model Y Pricing

The Truth About Cars

The Tesla Model Y is the world’s best-selling electric vehicle, but that hasn’t stopped the automaker from exploring new ways to boost buyer interest. Though it’s eligible for federal tax credits, Tesla is temporarily decreasing pricing on the SUV, dropping it to $42,990 for the base model and $47,990 for the Long Range model.

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Tesla models eligible for IRA tax credits in 2024

Teslarati

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.

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Tesla starts applying EV tax credit at time of purchase

Baua Electric

Fewer Tesla EVs now qualify for the $7,500 federal EV tax credit, but for those that do, Tesla is now applying the credit at the time of purchase. Tesla federal EV tax credit eligibility (Jan. 2024) Those that receive a point-of-sale credit but exceed those income caps will have to pay Tesla back.

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Hertz now selling former Tesla rentals at bargain prices

Teslarati

Hertz is selling off some of its Tesla models that were formerly rentals, and the vehicles are currently available at some pretty low prices. As part of the Rent2Buy vehicle sales program on its website , Hertz has listed hundreds of its early Tesla rentals for sale at fairly low prices.

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