Now that we are into 2024, the US has updated the rules around the federal tax credit. As a result, two Model 3 variants no longer qualify, leaving an interesting pricing situation for the electric […]
Tesla has reinterpreted the new guidelines from the Biden administration regarding the US federal tax credit. The company is now saying both the Model 3 Rear-Wheel Drive (RWD) and Long Range (LR) variants will lose […]
Ford’s Mustang Mach-E is set to lose its eligibility for the US tax credit starting January 1, 2024. At the same time the Detroit-based automaker is now allowing its dealers to advertise the electric crossover […]
Tesla has confirmed on its website that both the Model 3 Rear-Wheel Drive (RWD) and Long Range (LR) variants will no longer be eligible for the full amount of the US federal tax credit starting […]
The federal tax credit is one of the most common incentives for buying EVs in the US. However, buyers must wait to file their taxes before claiming the rebate. A major change to the tax […]
Tesla has started emailing customers in California about the ability to take advantage of up to $15,000 in incentives when purchasing their new EV. The email comes a few weeks after one buyer explained how […]
Tesla has updated its website to say that it expects a reduction in the U.S. federal tax credit for all Model 3 vehicle trims starting next year. This news comes just a month after Tesla […]
Tesla has updated their website to show that all variants of the Model 3 now qualify for the full $7,500 tax credit in the US. This change now makes the entry-level Model 3 even more […]
Ford has announced that two of their three battery electric vehicles (BEVs) will only be eligible for half of the $7,500 tax credit in the United States after April 18. This follows new battery sourcing […]
Tesla has reportedly notified its employees in the US that it will soon lose the $7,500 tax credit currently available on the Model 3 Rear-Wheel Drive (RWD). Tesla sales in the US have boomed with […]
