article thumbnail

Proposed US EV Tax Credit Will Make Tesla Semi Super Cheap

InsideEVs

Class 8 trucks aren't cheap, and electric versions are pricier. A $40,000 tax credit will make a huge difference.

article thumbnail

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

Teslarati

Long-range all-electric trucks like the Tesla Semi will not come cheap. Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. The Tesla Semi would likely qualify for these incentives. link] — @Tacuru007 (@tacuru007) July 28, 2022.

article thumbnail

Tesla Model 3s from Hertz are going for as low as $14,000

Electrek

Hertz is starting to sell some of its Tesla Model 3s and they are going for pretty cheap – as low as $14,000 with the used EV tax credit. more… The post Tesla Model 3s from Hertz are going for as low as $14,000 appeared first on Electrek.

article thumbnail

US President Biden’s union-friendly $4,500 EV tax credit buff is facing a big challenge

Teslarati

The Biden administration’s proposed $4,500 EV tax credit buff for electric and electrified vehicles made in a union plant in the United States is meeting a big challenge. The $4,500 tax credit , which would be given to vehicles produced in the United States using union labor, stands to favor the Detroit Big Three heavily.

article thumbnail

Tesla hopes to replicate Giga Shanghai lines in Mexico, but U.S. isn’t thrilled

Teslarati

Tesla is hoping to replicate production lines in Shanghai at its upcoming Giga Mexico factory by inviting Chinese companies to supply the manufacturing efforts with localized plants. officials are not thrilled about the potential for Chinese companies to supply Tesla and its new factory, which will produce its next-gen platform.

Mexico 135
article thumbnail

Proposed Changes to Federal EV Tax Credit – Part 3: MSRP Must Be Less Than $80,000

EV Adoption

Should expensive electric vehicles be excluded from the federal electric vehicle tax credit (IRC 30D)? While this question is often hotly debated on social media, the proposed changes to IRC 30D would draw a line in the sand and establish an $80,000 MSRP cap on the credit.

article thumbnail

Report: Tesla Readying New Model 3 Performance

The Truth About Cars

Tesla released a new Model 3 for 2024, but keen eyes immediately noticed that the automaker had only refreshed two of the car’s three previous configurations. That could be changing, though, in typical Tesla fashion, there are no official confirmations. Image: Tesla] Become a& TTAC insider.