article thumbnail

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?

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

Will New Tesla Model 3 Become Eligible for $7,500 Tax Credit Again?

CleanTechnica EVs

When the Democrat-controlled US Congress and President Joe Biden extended the federal tax credit for electric vehicles a couple of. continued] The post Will New Tesla Model 3 Become Eligible for $7,500 Tax Credit Again? appeared first on CleanTechnica.

article thumbnail

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.

article thumbnail

Tesla 2023 IRA Document For Tax Credit — How To Get It

CleanTechnica EVs

If you bought a Tesla in 2023 and are looking to get a tax credit from the US government, it. continued] The post Tesla 2023 IRA Document For Tax Credit — How To Get It appeared first on CleanTechnica.