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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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EPA: Tesla Cybertruck qualifies for the $7,500 EV tax credit

Green Car Reports

EPA confirmed that some versions of the Tesla Cybertruck will qualify for the EV tax credit—at least for those models delivered in 2023. As revealed just over a week ago, the Tesla Cybertruck will arrive in $79,990 All-Wheel Drive (dual-motor) form, with a $99,990 Cyberbeast (tri-motor) performance model.

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Tesla starts applying EV tax credit at time of purchase

Green Car Reports

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. The automaker's website now says that eligible buyers will have the full $7,500 credit applied when they purchase their vehicles.

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

Green Car Reports

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. Noteworthy Tesla omissions include most of the Model 3 lineup (the Performance version is the only one that now qualifies), as well as the entire Model S lineup. And as expected, it’s very short.

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Tesla Model Y "likely" won't retain full EV tax credit in 2024

Green Car Reports

Tesla expects the Model Y will no longer qualify for the full $7,500 federal EV tax credit in 2024. As noted by Electrek, the Tesla Model Y online configurator now includes a note stating that reductions in the tax-credit amount are "likely" after Dec.