Tesla said the $7,500 federal tax credits for its Model 3 and Model Y electric vehicles are likely to be reduced after December 31, according to a change on the […]
EV Tax Credit
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Back to news homeTesla says all new Model 3s now qualify for full $7,500 tax credit
All new Tesla Model 3 vehicles will now qualify for the full $7,500 federal EV tax credit, according to a change in Tesla’s website. The EV tax credits were mandated […]
BMW, Rivian, Hyundai, Volvo lose access to EV tax credit
The United States Treasury updated its list of electric vehicles eligible for a $7,500 EV tax credit per its new rules for battery sourcing, and BMW, Nissan, Rivian, Hyundai, Volvo […]
Battery sourcing guidance might slash EV tax credits
UPDATE: Tesla tweaks Model 3 page of U.S. website encouraging buyers to take delivery now in anticipation of reduced tax incentives by March 31. The U.S. Treasury Department’s guidance on battery […]