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Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

The bill allocates $369 billion for programs that help fight climate change and preserve the environment, and it also includes a number of revamped EV tax credits. This should go in line with Tesla’s ramp of its 4680 cells , which are expected to help the company reduce its vehicle production costs.

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Nissan and Toyota EV tax credit, Stellantis-LG battery plant, cobalt and EV affordability: Today’s Car News

Green Car Reports

The parent company of Jeep, Ram, Dodge, and Chrysler teams up with LG for a battery plant in Canada. decisions over resource control—may lead to EV-affordability issues. Toyota and Nissan are introducing more EVs just in time for buyers to claim the full EV tax credit. We look at how cobalt prices—and some bad U.S.

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2022 Chevy Bolt EV: $5,500 price cut is an affordability play, EV tax credit or not

Green Car Reports

Although the company has been talking the talk about offering affordable EV models in the near future and pitching EVs with an “Everybody In” campaign.

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Tesla just made leasing a Model 3 or Y more affordable than ever

Teslarati

Tesla just made leasing a Model 3 or Model Y more affordable than ever, offering rates as low as $329 a month for an all-electric vehicle. However, the company just slashed leasing prices for the Model 3 and Model Y , its two most popular vehicles, making it as affordable as ever to lease one of the cars with a 36-month term.

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Biden Administration mulls over reprieve from EV tax credits for automakers

Teslarati

The reprieve would concern the eligibility of electric vehicles for the IRA’s tax incentives. One of the biggest concerns about the IRA’s requirements for EV tax credit eligibly regards battery packs, cells, and the materials used to manufacture them. The Teslarati team would appreciate hearing from you.

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The Tesla Model 3 RWD’s federal tax credit gets reduced to $3,750

Teslarati

The Tesla Model 3 RWD, the most affordable vehicle in the company’s lineup, will see its federal tax credit reduced from $7,500 to $3,750, as confirmed by an update on Tesla’s official Model 3 page. The reduction in the federal tax credit for the Model 3 RWD will take effect on April 18.

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Tesla stock climbs on tax credit inclusion, continuing stratospheric rise in 2023

Teslarati

Tesla stock ( NASDAQ: TSLA ) continued to climb on Friday following news that Model Y vehicles would completely qualify for electric vehicle tax credits. The stock has risen over 77 percent so far this year after a broad market downturn that widely hurt the tech and automotive sectors in 2022.