Teslarati

JANUARY 9, 2023

The Texas State Legislature is considering levying a tax against EV owners to fund road upkeep and improvement, and EV owners are on board. However, that reduced cost is now being challenged by a tax proposed by Texas State Legislature members that would either tax EV owners per mile driven or yearly with a flat fee.

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Teslarati

JULY 23, 2021

Tesla is seeking lower import taxes on electric vehicles in India by writing to the country’s government ministries. This would impose a 100% tax on all of its vehicles, except for this configuration. Tesla could import vehicles from Gigafactory Shanghai in China to Indian customers if import taxes are lowered.

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Baua Electric

JUNE 13, 2024

The majority of EV purchasers eligible for a federal tax credit have gotten the credit as a point-of-sale rebate since that option was added at the beginning of the year, The Treasury Department said in a press release. The tax credit can be claimed on Teslas at the time of purchase via its company-owned direct sales apparatus.

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Teslarati

OCTOBER 29, 2021

Malaysian government officials are petitioning and working toward making electric vehicles exempt from taxes, including import and excise duties, as well as road taxes. According to Paultan , a Malaysian automotive news site, supporting politicians are proposing a 100% exemption from the road tax for EVs.

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Teslarati

FEBRUARY 4, 2022

Tesla’s request for tax breaks for imported electric vehicles in India was recently met with a stern rejection, with Vivek Johri, chairman of the Central Board of Indirect Taxes and Customs, noting on Thursday that other companies are adapting to the country’s current rules without any issues. .

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EV Adoption

JULY 4, 2022

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

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Teslarati

JANUARY 3, 2023

A new tool released by Recurrent Auto shows car buyers which used EVs qualify for federal tax incentives based on a simple VIN search. And to help those who want to purchase a used EV, the Federal government has introduced a tax incentive of $4,000. This eligibility tool makes it much easier.

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Teslarati

NOVEMBER 17, 2021

Experts say that the Tesla CEO has already sold more shares than he needs to pay his current tax obligations. . million shares, worth about $3 billion, to pay taxes on three tranches of stock options he exercised this week. Since he exercised his options and immediately sold his shares, the gain is taxed as ordinary income.

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Teslarati

NOVEMBER 15, 2021

Tesla CEO Elon Musk wants to know how his $15 billion in taxes will be used by the US government. Musk evidently supported the idea, posting a thumbs-up emoji as a response to the Tesla bull’s suggestion. Just as Musk noted in the past, he is not at all opposed to paying taxes. Want me to sell more stock, Bernie?

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The Truth About Cars

APRIL 17, 2023

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify.

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Teslarati

JANUARY 12, 2022

CEO Elon Musk has been pretty vocal about his opposition to California’s “solar tax” initiative, noting last month that the idea was “insane.” The post Tesla launches efforts to stop CA’s solar tax, which Musk dubs as “anti-environment” appeared first on TESLARATI.

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Electric Cars are for Girls

MARCH 29, 2011

Electric cars don't use any gas (except for the Chevy Volt), but now legislators in three states, including mine, are trying to figure out how to make up the money they're going to lose on the gas tax we're not paying. Their idea for figuring out how to tax you for miles driven? Good luck with that.

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Green Car Congress

NOVEMBER 30, 2011

However, a new study by researchers at the University of Gothenburg (Sweden) finds that middle- and high-income earners are generally affected the most by gasoline taxes, especially in poor countries, rather than poor people. Petrol taxes are effective and actually don’t affect poor people disproportionally. —Thomas Sterner.

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CleanTechnica EVs

SEPTEMBER 20, 2023

For some, the idea of only offering a few miles of electric range followed by combustion is already hopelessly obsolete. For others, they’re a cheap scheme to get tax credits or HOV lane access. Plugin hybrid electric vehicles (PHEV) can be a pretty contentious topic in the EV scene.

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Teslarati

JANUARY 13, 2022

Tesla launches efforts to stop CA’s solar tax, which Musk dubs as “anti-environment” As critics of the initiative, such as Tesla and other renewable companies and organizations in the state, launched efforts to combat the NEM 3.0 proposal, organizations supporting the CPUC’s proposal have adopted a pretty similar stance.

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Teslarati

NOVEMBER 21, 2023

Tesla is also mulling over the idea of producing batteries in India to reduce costs. India’s steep import taxes on foreign vehicles have always been an obstacle to Tesla establishing roots in the country. However, now that the local government is considering lowering import taxes, Tesla India may finally come to fruition.

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CleanTechnica EVs

AUGUST 4, 2021

In a move that makes it seem as if India is changing its mind on having Tesla expand there, India’s government rejected Tesla’s appeal to lower EV import taxes. The government also seemed to diss Elon Musk’s idea of having a local plant in India after it starts selling EVs imported from overseas.

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Teslarati

AUGUST 31, 2023

The Fisker Pear will be produced in the United States and would likely benefit from the country’s EV tax incentives from the Inflation Reduction Act. We created this vehicle with the idea that young people living in the world’s big cities need innovative, versatile, and affordable mobility,” said Chairman and CEO Henrik Fisker.

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Green Car Congress

MAY 29, 2012

The researchers argue for a global economy-wide greenhouse gas tax that spreads the burden of responsibility. The researchers tested various levels of emission reduction plans—a global carbon tax of $10, $30 or $50. The various taxes would slow warming to 3.5, we’re really being left behind.”.

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Teslarati

NOVEMBER 9, 2023

To gauge accurately the demand for its vehicles, Tesla has attempted to woo the Indian government to roll back import duties , but officials have been uneasy about the idea. India has also been extremely against the idea of testing demand through imports that would come from Tesla’s Giga Shanghai plant in China.

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Teslarati

AUGUST 30, 2021

Gadkari is pushing for reduced import duties so that Tesla can test the demand for its vehicles, an idea the company proposed within the last few months. “If Indian government officials were not keen on the idea as they favored local manufacturers for economic reasons. Indian media outlet Economic Times listed Sona Comstar Ltd.,

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Blink Charging

JANUARY 19, 2024

Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America. How Does Obtaining a Tax Credit for a Leased EV Work?

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Electric Cars are for Girls

SEPTEMBER 28, 2011

Here's an idea: 1. Decrease payroll taxes. Increase taxes on dirty carbon-based fuels at the source. Yeah, you know who I'm talking about; ) 3. Retrain coal miners and refinery workers into green jobs. Save the planet for future generations. Follow the link to whitehouse dot gov to sign the petition.

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Electrek

NOVEMBER 8, 2021

One of the main catalysts appears to be Elon Musk confirming plans to sell 10% of his stake in the company over growing pressure over the idea that “the rich don’t pay taxes” But is he being genuine?

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Baua Electric

MARCH 28, 2024

Suniva says the catalyst for the pairing was solar project owners and developers wanting their projects to qualify for the 10% Domestic Content Bonus Investment Tax Credit. Now, though there remain significant challenges, Inflation Reduction Act tax credits are helping change the game.”

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Teslarati

MAY 2, 2022

In February 2022, India seemed more open to considering Tesla’s request for import tax cuts. According to a person familiar with the matter, the government was willing to grant tax cuts if the EV manufacturer purchased $500 million worth of auto components from India. Tesla’s factories rely on an integrated supply chain.

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Teslarati

JANUARY 26, 2024

It was the most expensive of the three Model 3 offerings, but it still qualified for the EV Tax Credit. He also did not give any idea of when the Performance configuration could come out. Early in 2024, Tesla removed the Performance configuration from the Model 3’s list of available trims.

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Teslarati

MARCH 7, 2024

It is also tax-deductible by Tesla,” the lawyers wrote in a brief. .’ This structure has the benefit of linking the award directly to the benefit created and avoids taking even one cent from the Tesla balance sheet to pay fees. DelawareCourt81 pic.twitter.com/yy8WqewatA — Ale?andra

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Baua Electric

JANUARY 6, 2024

The idea of converting an existing ICE vehicle and upgrading it to run on electric power only, is gaining traction from the market and has even impressed celebrity UK-footballer David Beckham, who has joined the Barclay, Reuben and Dellal families in investing in the rapidly growing vehicle electrification companies like Lunaz.

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Teslarati

DECEMBER 7, 2021

Tesla CEO Elon Musk had an idea during an interview last evening with the Wall Street Journal: Get rid of government incentives for everyone, including electric vehicles, gas, and oil subsidies. Musk’s idea to rid the system of incentives may be one of the best yet. If people want an electric vehicle, they are going to buy one.

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Teslarati

APRIL 18, 2023

While these tax incentives were previously reasonably straightforward, with the passing of the Inflation Reduction Act, things got a lot more complex, requiring EVs to be manufactured in North America (among other requirements) to qualify for incentives.

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Green Car Congress

FEBRUARY 17, 2010

A more effective policy would rely on specific taxes and subsidies targeted directly at achieving specific environmental, energy and agricultural policy goals, according to the study. Biofuel policies are clearly inferior to a portfolio of specific taxes and subsidies that directly target environmental, energy and agricultural policy goals.

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Baua Electric

APRIL 22, 2024

The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made on Saturday. Although it’s modest in its electric range, the idea acts as a technology proof point and, perhaps, a lot more. And do in-wheel motors make more sense for EV conversions?

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Teslarati

FEBRUARY 12, 2024

The base model Rivian R1T and R1S now start at $71,700 and $76,700, respectively, including shipping but before a $3,750 federal tax credit—though buyers can also access the full $7,500 if leasing. “Price continues to be a leading factor in why people don’t buy EVs, so anything Rivian can do to lower that barrier is a good idea.”

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Teslarati

OCTOBER 22, 2021

This has been Tesla’s main bottleneck in entering India, as its cars are essentially double the price when they are subjected to these import taxes. Tesla is working with Indian government officials to figure out a plan to roll back the duties, and some politicians have supported the idea. Musk and Modi in 2015.

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Baua Electric

MAY 21, 2024

Pielsticker said he supports a proposal from President Javier Milei, under discussion in Congress, to give taxes, customs and exchange rate benefits to large projects. “We are delighted with the general idea of changes that legislation could bring to mining projects,” Pielsticker said.

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Teslarati

DECEMBER 14, 2023

Not necessarily against the idea of building cars domestically, Tesla has said it would build a plant in India if demand was strong enough. India charges hefty import duties on vehicles, with any car priced over $40,000 having a 100 percent import tax, doubling the price.

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