Remove Affordable Remove List Of Remove Tax
article thumbnail

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. Credit: IRS Tesla fans and prospective buyers were stunned when several Model Y crossover trim levels were not included in the list of vehicles that would qualify for the $7,500 credit.

article thumbnail

Why Tesla Model Y tax credit inclusion is good for some and bad for others

Teslarati

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

article thumbnail

Canada’s Budget 2022 calls for C$3.8B to launch Critical Minerals Strategy

Green Car Congress

billion) in funding to make zero-emission vehicles more affordable and to build a national network of charging stations. The introduction of a new 30% Critical Mineral Exploration Tax Credit for specified mineral exploration expenses incurred in Canada and renounced to flow-through share investors. Canada’s list of critical minerals.

Canada 468
article thumbnail

Tesla increases Model Y, cuts Model 3 prices in the U.S.

Teslarati

The Model Y crossover had several trim levels that, due to weight, did not meet the United States definition of an SUV and, due to its classification, was priced out of the $7,500 tax credit as non-SUV’s have a price limit of $55,000. All Model Y trims are now eligible for the $7,500 tax credit.

Price 98
article thumbnail

Tesla Powerwall price drop rolls out in Australia again

Teslarati

Tesla dropped the price of its Powerwall in Australia–for the second time this year– making it more affordable than ever. The new price of Tesla’s Powerwall included the Goods and Services Tax but not the installation costs. Tesla has a list of certified installers on its website.

Australia 143
article thumbnail

Tesla confirms new Model 3 Performance configuration is coming

Teslarati

Early in 2024, Tesla removed the Performance configuration from the Model 3’s list of available trims. It was the most expensive of the three Model 3 offerings, but it still qualified for the EV Tax Credit. “The Sport version will have different front seats with bolstered side support and [headrest],” he said.

Tesla 145
article thumbnail

Tesla Model Y trim gets minimal price increase in China

Teslarati

percent, making them vastly more affordable for consumers. lineup of Model Y trims was added to the IRS’s list of vehicle qualifying for federal tax credits in early February, Tesla pushed prices up slightly. In early January, Tesla cut prices of the Model 3 sedan and Model Y crossover by between 6 and 13.5

China 97