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Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

The Texas-based automaker noted that the $7,500 EV lease incentive would be distributed across the lease term. Tesla calculated that Model 3 Highland lease payments would be $329 monthly, excluding taxes and fees. EVs that qualify for the full $7,500 tax credit must be follow the IRA’s assembly and battery requirements.

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EV tax credit boost, Tesla Vision fail, Tesla and Texas: Today’s Car News

Green Car Reports

Texas doesn’t budge for Tesla. And will Americans be able to get up to $12,500 with a re-upped EV tax credit? Legislation currently advancing in the Senate includes a provision to give the EV tax credit a big. Safety agencies and consumer groups warn about Tesla Vision in the Model 3 and Model Y.

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

Baua Electric

Both are eligible for the $7,500 EV tax credit, cutting the effective price for many households to just $37,130 and $42,130 respectively. The Model 3 also doesn’t qualify for the EV tax credit. In addition, the base Model Y RWD now undercuts the base Model 3 by $5,000 for the tax-credit-eligible.

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Electric Vehicle Incentives in Texas

Electric Driver

You may already be aware of the federal tax credits for electric vehicles (if not check out Electric Vehicle Federal Tax Credit: Explained) but there are also EV incentives available in individual states, including some great incentives for Texas residents.

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Tesla (TSLA) is planning massive output from Giga Texas in Q1 2023

Electrek

Tesla (TSLA) is planning a massive ramp up in Model Y production output from Gigafactory Texas in Q1 2023. In the meantime, the situation is a bit more complex in the United States with the pending tax credit. The post Tesla (TSLA) is planning massive output from Giga Texas in Q1 2023 appeared first on Electrek.

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Ford Focus Electric in California qualifies for $10K in tax credits, HOV access

Green Car Congress

California buyers of the Ford Focus Electric will be able to receive up to $10,000 in tax credits ($2,500 state, $7,500 federal) and enjoy high-occupancy vehicle lane (HOV) access after the car was just approved for California’s Clean Vehicle Rebate Program ( CVRP ). 3 and 7, respectively, for the worst congestion in the US.

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IL Suspends Clean-Car Rebates; GA Tax Credit In Trouble Too; Texas Next?

Green Car Reports

State tax credits and purchase rebates have proven effective in kickstarting the early market for plug-in electric cars and other green vehicles. Then there''s Texas, where a. Then there''s Texas, where a. Green Georgia Illinois Texas incentives plug-in cars rebates state laws tax credit'