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New Tesla Model 3 Performance with federal tax credit is more affordable than Long Range AWD

Teslarati

With a starting price of $52,990, the reengineered Tesla Model 3 Performance is already a bang-for-the-buck vehicle. This is because among Tesla’s current Model 3 lineup, only the new Model 3 Performance qualifies for the $7,500 federal tax credit. Don’t hesitate to contact us with news tips.

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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. What Are Electric Vehicle Incentives?

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Tesla Model Y’s complete lineup now qualifies for EV tax credits through Inflation Reduction Act

Teslarati

Tesla’s complete lineup of Model Y trim levels now qualifies for electric vehicle tax credits through the Inflation Reduction Act, as the Internal Revenue Service (IRS) has increased the applicable MSRP limit to $80,000 across each of the all-electric crossover’s configurations.

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How to Save Big on a Tesla with Colorado’s New EV Tax Credit

EV Life

Electric vehicles are becoming more and more common on the roads across the country. With climate change awareness increasing, gas prices continuing to climb, EV charging stations expanding, and tons of new EV options hitting the market each year, it’s no surprise that electric vehicle purchases are skyrocketing.

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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. It does not act as a rebate (until 2024).

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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). Elimination of the Manufacturer 200,000 EVs Sold Phaseout Threshold.

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Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

EV Life

That’s why it’s no surprise that the high sticker price of many electric vehicles, particularly Tesla models, has long been one of the main deterrents for people looking to buy a new car, truck, or SUV. Tesla’s electric vehicles are by far the most popular EVs in the country. Which brings us to Tesla.