The Truth About Cars

FEBRUARY 12, 2024

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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Price Tax Credit Tesla Tax 111

Green Car Reports

FEBRUARY 3, 2023

Shoppers get some clarity on tax-credit price caps and SUVs like the Tesla Model Y. Volvo aims more EVs for China. VW reportedly approved a smaller EV for the U.S. And Ford is aiming to keep it simple and scale up with its EVs. Sound familiar? This and more, here at Green Car Reports.

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Tax Credit Tax Price Volvo 118

Teslarati

FEBRUARY 3, 2023

Tesla stock ( NASDAQ: TSLA ) continued to climb on Friday following news that Model Y vehicles would completely qualify for electric vehicle tax credits. Tesla stock is up around 1 percent on Friday at 1:43 ET, but is climbing closer to $200 per share after nearly sinking below $100 levels earlier this year.

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Green Car Congress

MARCH 30, 2023

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Additionally, both manufacturers recently announced significant price cuts on both models.

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Teslarati

DECEMBER 29, 2022

Tesla, Volkswagen, and several other EV manufacturers qualify for the new 2023 U.S. EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. federal tax credit includes EVs made by fourteen manufacturers. 2023 Tesla Model 3 Rear Wheel Drive.

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Tax Credit Tax Tesla Jeep 142

Teslarati

OCTOBER 19, 2023

Tesla increased the price of the Model X Plaid by $5,000. The Tesla Model X Plaid now starts at $94,990 from $89,990. The price increase occurred within the last few days or hours. On October 15, 2023, the Tesla Model X Plaid’s price was still $89,990. Tesla reported a gross vehicle margin of 17.9%

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Teslarati

FEBRUARY 3, 2023

Tesla’s complete lineup of Model Y trim levels now qualifies for electric vehicle tax credits through the Inflation Reduction Act, as the Internal Revenue Service (IRS) has increased the applicable MSRP limit to $80,000 across each of the all-electric crossover’s configurations.

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Teslarati

FEBRUARY 7, 2023

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. ” The Model Y’s five-seat configurations did not reach the weight requirement to be considered SUVs and were put in another category that included “All Other Vehicles.”

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Teslarati

JANUARY 12, 2023

Tesla’s aggressive sales strategy has been implemented in the United States. As per a recent update on Tesla’s official website, the company’s best-selling vehicles — comprised of the Model 3 sedan and the Model Y crossover — have been given substantial price cuts. .

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Green Car Reports

DECEMBER 16, 2023

The 2024 Chevrolet Blazer EV is the first mass-market SUV built on GM’s. This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending December 15, 2023.

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Tax Credit F-150 Tax Chevrolet 138

Teslarati

MARCH 16, 2024

One major automotive outlet says Tesla is no longer just a luxury brand, in part due to its unique pricing strategy over the past few years. In a column shared on Friday, Automotive News Executive Editor Jamie Butters laid out an update to a 2022 piece that had initially called Tesla a luxury brand. average car price.

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Tax Credit Auto Aston Martin Tesla 141

Baua Electric

MARCH 28, 2024

Kia’s first three-row electric SUV is off to a good start. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. The EV9 is expected to qualify for the full $7,500 tax credit by early 2025. However, Kia will accelerate EV9 momentum with plans to begin US production by May.

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Green Car Reports

APRIL 8, 2023

Which models will be eligible for the full $7,500 of the revamped EV tax credit? Are recent rounds of Tesla price cuts spurring stronger EV sales? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending April 7, 2023.

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Teslarati

FEBRUARY 4, 2023

Tesla has increased prices on its Model Y all-electric crossover and cut prices on the Model 3 sedan. Tesla’s Model Y Long Range increased $1,500 from $53,490 to $54,990 last night, while Model Y Performance trims went up $1,000 from $56,990 to $57,990. All Model Y trims are now eligible for the $7,500 tax credit.

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Baua Electric

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. However, no other specifics were mentioned.

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Teslarati

AUGUST 31, 2023

Amidst the rollout of the Model 3 Project Highland to several territories such as China , parts of Europe , and the UAE , Tesla has also implemented updates for its two flagship vehicles, the Model S sedan and Model X SUV. At its current price, the Model S Plaid becomes a steal. reduction from its previous price of $98,490.

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Standards Price Range Tesla 133

Green Car Congress

JANUARY 12, 2023

The average transaction price (ATP) of a new vehicle in the US hit a record high in December at $49,507—an increase of 1.9% ($927) from November and up 4.9% ($2,297) from year-earlier levels. However, the average price paid for a new EV decreased in December by $3,594 (down 5.5%) compared to November and ended the year lower by 0.6%.

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Price Land Rover Vehicles Tesla 210

EV Life

APRIL 7, 2023

That’s why it’s no surprise that the high sticker price of many electric vehicles, particularly Tesla models, has long been one of the main deterrents for people looking to buy a new car, truck, or SUV. Which brings us to Tesla. Tesla’s electric vehicles are by far the most popular EVs in the country. Not anymore.

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Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. First, the easy part: How do I claim the $7,500 EV tax credit?

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Teslarati

MAY 12, 2023

Tesla has rolled out a minor price increase for the Model S sedan, Model X SUV, and the Model Y crossover in the United States. The changes to the vehicles’ prices were reported by EV observers on social media. The new prices represent a $1,000 increase in the cost of the two flagship electric cars in the US.

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EV Life

JUNE 8, 2023

These spacious, versatile, and family-friendly vehicles offer drivers the best of many worlds in one, so it’s no surprise that the release of electric SUVs on the market was highly anticipated and met with excitement by EV fans and SUV enthusiasts alike. Prices have been coming down while ranges have steadily increased.

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Baua Electric

APRIL 27, 2024

Which automaker priced its hardware set allowing its EVs to back up the home? The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made last weekend. made electric SUV —in Princeton, Indiana, starting in 2026.

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Teslarati

JULY 11, 2023

Such a trend, however, seems to be largely pushed by Tesla and the popularity of the Model 3 sedan and Model Y crossover. Beyond Tesla, however, it appears that the picture is much different in the United States. Audi’s Q4 e-tron and Q8 e-tron, as well as the GMC Hummer EV SUV, have inventories that are well above 100 days.

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Tax Credit Hummer Highlander Tesla 145

Teslarati

FEBRUARY 12, 2024

Rivian has cut prices on two of its entry-level vehicle configurations ahead of the automaker’s launch of its next-generation vehicle next month. After Rivian added two new range options for the R1T and R1S last week, the electric truck and SUV maker has also cut prices on some of its lineup.

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Price Tax Credit Georgia Auto Industry 120

Teslarati

JANUARY 2, 2023

Tesla and electric vehicle supporters are responding negatively to the Inflation Reduction Act’s qualified cars for its EV incentive. ” Vehicles in the SUVs/Trucks/Vans category are eligible for the IRA’s tax credit if they are priced at $80,000 or below. .”

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Hybrid Tax Credit Tesla Jeep 145

Baua Electric

JANUARY 1, 2024

Tesla has officially revealed its electric vehicles that still retain access to the $7,500 federal incentive following the rule changes in 2024. Over the last few months, Tesla has released a bunch of new statements about changes to the eligibility of its electric vehicles to the federal tax credit in 2024.

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Teslarati

APRIL 28, 2023

CarMax, the United States’ largest used car retailer, has observed a significant increase in consumer interest in electric vehicles, particularly Teslas. This spike in interest was initially detected in February and March of the previous year, a time that saw rising gas prices amid the escalating war in Ukraine.

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Electric Vehicles Tesla Vehicles Tax Credit 145

Teslarati

APRIL 26, 2022

Subaru has announced pricing details for the upcoming Solterra EV that it unveiled last November at the 2021 Los Angeles Auto Show. The all-electric SUV Solterra EV is a near-twin of the Toyota bZ4X , another all-electric vehicle that the Japanese automaker launched earlier in 2022. Subaru debuts Solterra EV collab with Toyota, U.S.

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Tax Credit Price Los Angeles Tax 98

Baua Electric

APRIL 22, 2024

Kia and Genesis are two of the latest to slash EV prices with generous deals. Since then, the brand has added the Electrified GV70 SUV and G80 sedan to its EV lineup. The automaker introduced its first three-row electric SUV, the EV9, which landed in the US late last year. Kia isn’t the only one offering big rebates.

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Baua Electric

MARCH 7, 2024

The Rivian R2 is two years away, but with the debut of an R2S in prototype form Thursday, it’s clear this electric SUV will arrive with a proposition unlike any EV yet: A boxy silhouette, rugged off-road chops, a range easily topping 300 miles, and a target price effectively below today’s average new-vehicle price, regardless of the fuel.

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SUV Miles Future Jeep 52

Baua Electric

MARCH 10, 2024

Which affordable EV regained its EV tax credit eligibility this week? GM confirmed Friday a huge price cut for the 2024 Chevrolet Blazer EV , as it resumed deliveries on the model. With the price cut, the Blazer EV will cost $50,195, or just $42,695 to households who can take advantage of the $7,500 tax credit.

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Dodge Tax Credit Price Tax 52

The Truth About Cars

APRIL 5, 2024

Despite only releasing pricing for the EV in January, CarsDirect reported that Toyota’s lease deal cuts monthly lease payments down to $299 per month for a 36-month lease with $3,999 down. It’s also eligible for federal tax credits, which makes it an even more compelling option. Image: Toyota] Become a& TTAC insider.

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New York Toyota Tax Credit General Motors 110

Teslarati

JANUARY 14, 2023

The Tesla Model 3 has become cheaper to buy than ever before, thanks to a recent price cut and inflation over the past four years. When the $35,000 Tesla Model 3 arrived (and quickly departed) in 2019, it was heralded as the electric vehicle for the everyman, a Volkswagen Bug for the modern era.

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Teslarati

OCTOBER 12, 2023

Tesla’s ( NASDAQ:TSLA ) third-quarter 2023 earnings call is less than a week away, and investors are already submitting questions for the event’s Q&A session. Similar to past earnings calls , Tesla is gathering inquiries from both retail and institutional TSLA shareholders using investor communications platform Say.

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Baua Electric

JANUARY 12, 2024

With a new special cash offer, the 2024 Hyundai IONIQ 6 can be significantly cheaper to buy than the upgraded Tesla Model 3 Highand. 2024 Hyundai IONIQ 6 offer drastically lowers prices According to Hyundai’s website, all 2024 IONIQ 6 trims are eligible for a $7,500 Retail Bonus Cash offer. 361 $43,656 SEL RWD 77.4

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Hyundai Tax Credit Tesla Kia 52

Baua Electric

MARCH 5, 2024

The 2024 Nissan Ariya electric SUV gets a price cut for its second model year and, in the coming months, Tesla charging adapters for owners. And with the 87-kwh Venture+ front-wheel drive model now priced at $42,580—$6,000 lower than before—buyers only have to pay $1,600 extra to get the bigger pack.

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Nissan Tesla Tax Credit Price 52

Baua Electric

MARCH 4, 2024

The first three-row electric SUV from Hyundai will be named the IONIQ 9. Hyundai plans to change the name of the electric SUV from IONIQ 7 to IONIQ 9 as it looks to build off Kia’s success with the EV9. Including Kia and Genesis, Hyundai topped American automakers Ford and GM’s Chevy for second behind only Tesla.

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