tax credit

Tesla Says ‘Likely’ Reduction to Tax Credit After Dec. 31

Tesla has hinted at a potential cut to the federal tax credit for its buyers after December 31, 2023. A late Tuesday update on the company’s website included…

These 10 Electric Vehicles Qualify for Full $7,500 US Tax Credit [LIST]

Starting on Tuesday, only 10 all-battery electric vehicles will qualify for the full $7,500 U.S. tax credit, according to the Treasury Department on Monday. Below are the 10…

New EV Tax Credit Rules to Take Effect April 18: What It Means for Buyers

The US Treasury Department and the IRS have released proposed guidance on the new clean vehicle provisions of the Inflation Reduction Act, aiming to reduce costs for consumers,…

Tesla Model 3 RWD Tax Credits Expected to Be Lower by March 31, Says Website

Tesla expects its RWD Model 3 sedan will see a reduced tax credit eligibility by March 31, according to new guidance from the U.S. Treasury Department regarding battery…

Tesla Anticipates Losing Full $7,500 Federal Tax Credit on Cheapest Model 3: Report

Tesla has informed employees that it expects to lose the full $7,500 federal tax credit for its cheapest electric car, the Model 3 Standard Range, due to the…